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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 …

Akio Toyoda Confirms Production Lexus LF-A

While it’s been long-rumored that the Lexus LF-A supercar would be put into production, new Toyota President Akio Toyoda confirmed it last week during his speech at the Center For Automotive Research (CAR) Conference. From the transcript: You see…in a race…you have limited time and resources to work through countless challenges and problems that come …