Toyota President Apologizes For Recent Troubles

During a speech to the Japan National Press Club on Friday, new Toyota president Akio Toyoda was frankly apologetic over the company’s recent troubles: He expressed grief over a fatal crash that led to a recall of 3.8 million cars, regrets about an expected second consecutive annual loss and sorrow over the decision to close …

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Kevin · October 4th, 2009

Lexus Dedicated Hybrid to Debut at Next Year’s Detroit Auto Show

During a media reception last night at the Detroit Auto Show, Toyota President Katsuaki Watanabe announced that a dedicated Lexus hybrid will be introduced at next year’s convention: “Next year here in Detroit, we will expand our conventional hybrid line-up by staging world premiers of two all-new, dedicated hybrids, one for Toyota and one for …

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Kevin · January 14th, 2008