NEW TOYOTA PRESIDENT Akio Toyodo, the 53 year-old grandson of the company’s founder, has something of a speeding problem. Thankfully, he keeps his need for speed to the race tracks, with his most recent outing being behind the wheel of one of two Lexus LF-A test cars during the Nurburgring 24 Hour Race.

However, unlike [...]

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TUESDAY SAW THE swearing in of new Toyota president Akio Toyoda - grandson of the company’s founder - and in a speech to the number one carmaker’s shareholders, Mr Toyoda acknowledged the trials the manufacturer is facing.
“The new Toyota sets sail in very stormy waters,” Mr Toyoda said. “But right now we’re working at [...]

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What happens when the unstoppable juggernaut meets the immovable object? In the case of the global economic crisis versus Toyota and Subaru’s joint rear-wheel-drive sports car, there’s hope that new Toyota president Akio Toyoda has found a solution to that age-old riddle.

In an interview with the press at the recent Tokyo Auto Salon, speed-loving Toyota [...]

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