Reports: Toyota grandson to take top job
The Associated Press
Published: January 9, 2009
TOKYO: The grandson of Toyota Motor Corp.'s founder will take the helm of Japan's top automaker in June, newspapers said Friday.
Toyota's top executives will hold a board meeting as early as Monday to endorse the appointment of Akio Toyoda, 52, said the Nikkei daily, Japan's top business newspaper, citing no sources. Toyoda will officially take over leadership of Japan's auto giant following a shareholders' meeting in late June, it said.
Toyota is struggling to shore up its sagging sales at home and abroad amid a deepening global downturn, cutting output and the number of temporary workers. http://www.iht.com/articles/ap/2009/01/09/business/AS-Japan-Toyota.php
The racing suit reference can be good-Toyoda has enthusiasm for cars-or bad-he's indulged as he is part of founding family. Let us see how his unique style serves the employees and company.



