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Akio Toyoda waves family flag, heir makes crisis personal challenge
Wed, 24 Feb 2010The reclusive Akio Toyoda is taking the rare step of waving the family flag, as the scion to Toyota Motor Corp.’s founding dynasty tries to steer the world’s largest car company out of a spiraling safety crisis. In testimony prepared for the House Oversight and Government Reform Committee, President Toyoda pursues a rare personal tack on the emergency, saying “my name is on every car.” “As you well know, I am the grandson of the founder, and all the Toyota vehicles bear my name,” Toyoda says in prepared comments circulated ahead of Wednesday’s committee hearing in Washington. “For me, when the cars are damaged, it is as though I am as well.” The intimate reflection is a departure for Toyoda, who has spent most of his career sidestepping public discussion of his lineage.
Is Saab doomed because Victor Muller wants to have his cake & eat it?
Sat, 22 Oct 2011Saab: Time for Victor Muller to be forced aside? Victor Muller is a charming and charismatic man, as evidenced by the endless stream of seemingly sensible business people he’s persuaded to invest in Saab, and other Muller ventures. But we’re beginning to wonder if the demise of Saab has been hastened by Muller, rather than delayed.
Toyota Prius V MPV debuts
Mon, 10 Jan 2011The Toyota Prius V - a Prius MPV with more luggage space We knew Toyota were planning on growing the Prius family. We also knew that the next stage of that was going to be an MPV, or at least a more Cossover type of car. We did think it would be the Prius Alpha.