Toyota President Will Hold Press Briefing in Beijing Tomorrow
Toyota Motor Corp.'s third-generation Prius hybrid vehicle
A model of Toyota Motor Corp.'s Lexus HS250h
Akio Toyoda, president of Toyota Motor Corp.
Feb. 8 (Bloomberg) -- James Womack, chairman of the Lean Enterprise Institute, talks with Bloomberg’s Lori Rothman and Matt Miller about Toyota Motor Corp.’s handling of its vehicle recalls. Toyota will recall its 2010 model Prius hybrid car in Japan this week to repair a problem with the vehicle’s braking system, two people familiar with the matter said, adding to global recalls of almost 8 million autos for separate defects.
Feb. 8 (Bloomberg) -- John Wolkonowicz, senior auto analyst at IHS Global Insight, talks with Bloomberg's Betty Liu about Toyota Motor Corp.'s vehicle recalls. Toyota will recall its 2010 model Prius hybrid car in Japan this week to repair a problem with the vehicle’s braking system, two people familiar with the matter said, adding to global recalls of almost 8 million autos for separate defects.
Feb. 9 (Bloomberg) -- Bloomberg's Mike Firn reports on the state of corporate management in Japan. Toyota Motor Corp.'s recalls and Japan Airlines Corp.'s bankruptcy have damaged the country's reputation for reliability.
Feb. 28 (Bloomberg) -- Toyota Motor Corp. President Akio Toyoda and other members of senior management will hold a press conference in China tomorrow to address topics of public concern.
Toyoda will speak on Monday evening in Beijing, the company said in an e-mailed statement sent to Bloomberg News yesterday.
The world’s largest automaker is struggling to repair a reputation damaged by having to recall more than 8 million vehicles globally since September for problems including unintended acceleration.
Toyoda, who became the company’s President in June 2009, acknowledged this week that shortening production times may have contributed to the product defects.
--Ying Wang. Editor: Nicholas Reynolds
To contact the reporter on this story: Makiko Kitamura in Tokyo at mkitamura1@bloomberg.net.
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