The Detroit News came out with this news yesterday, but Toyota denied it. Now it may turn out to be true. Toyota needs to avoid outright denials that later cause embarrassment.
Toyota's US sales and marketing headquarters is in Torrance.
Toyota to revamp U.S. operations amid slump-WSJDETROIT - Toyota Motor Corp plans to announce a major overhaul of its U.S. operations, bringing sales, manufacturing and engineering under one powerful executive, The Wall Street Journal reported.
Yoshi Inaba, a former senior executive who left Toyota in 2007, was asked by the automaker this week to oversee most of the key aspects of the U.S. business, the newspaper reported on Thursday, citing people familiar with the matter.
The announcement of the overhaul, to be made in Japan, could come as early as Friday, it said.
Inaba is expected to be named president of Toyota Motor North America and will be based in New York, it said.
With the appointment of Inaba, credited with laying the groundwork for Toyota's fast growth in the United States over the past several years, Toyota is expected to bring him back to the company's board, the Journal reported.
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