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Akio Toyoda & Lexus IS-F
Toyota

Toyota’s CEO considers recalls “a good lesson”

Akio Toyoda, president of Toyota Motor Company has recently stated that the scrutiny his company has undergone has been "a good lesson" and it will only be followed by Toyota emerging from this affair stronger than ever. He went even further, to quote an old Japanese proverb which goes something like this "After the rain, the ground hardens" and then...

Akio Toyoda, Toyota President CEO - Ray LaHood, U.S. Transport Secretary
Toyota

U.S. Transport Secretary visits Toyota Motor Corporation

U.S. Transport Secretary Ray LaHood has been on a courtesy visit to Toyota Motor Corporation's headquarters today and he stated he felt encouraged by the steps the company has put in place to improve vehicle safety but is still a bit reticent. He did say, however, that he will only be fully convinced when Toyota's cars actually become safer. According...