Yoshimi Inaba, CEO of ToMoCo North America has admitted to the company”s being deficient in communicating news of known defects outside the geographic regions in which they are discovered. Particularly, it had taken years for ToMoCo officials to let American regulators know about major instances of unintended acceleration that had taken place in Europe. “We [...]
Toyota’s President and CEO Akio Toyoda will testify before the House Oversight Committee today on government regulation in the light of the company’s decision to recall over 8.5 million vehicles over unintended acceleration issues. Transportation Secretary Ray LaHood will also be on hand along with Yoshimi Inaba, President and COO of Toyota Motor North America [...]
Earlier this morning we brought you Akio Toyoda’s article from the Wall Street Journal. The House Committee has now released a copy of the opening statements from CEO Akio Toyoda and Yoshimi Inaba, President and COO of Toyota Motor North America and chairman and CEO of Toyota Motor Sales. Both will testify before the House [...]
Reported earlier this morning, the head of Toyota’s North American operations Yoshimi Inaba, said that the automaker is targeting a return to profitability in the region as soon as the next fiscal year, ending March 2011. While cutting costs and reducing inventory will play a huge part in getting that goal completed, Inaba admits that spicing up [...]
