Friday 22 June 2018

Tearful Toyoda apologises; Japan hopes for recovery

Toyota Motor Corp President Akio Toyoda apologised to US lawmakers probing the automaker's safety record and ended the day in tears. Toyoda, peppered with questions about a massive recall that has rocked Toyota's reputation, told lawmakers


Toyota head prepares for US Congress grilling

The head of Toyota Motor Corp bowed to pressure to testify before US lawmakers and explain the company's safety crisis, becoming the highest profile Japanese executive to face such a grilling from Congress. Akio Toyoda, the grandson of Toy


Toyota's new boss vows changes

Toyota Motor Corp's new president, the grandson of the group's founder, warned that the auto industry faces two more tough years as he sketched out a roadmap to return the world's No.1 carmaker to profit. Akio Toyoda, 53, took the helm two

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