Let the rebuilding begin. Toyota will bounce back stroner than ever.
You Say Toyota, I Say Toyoda
(Reuters) Akio Toyoda, grandson of the founder of Toyota Motor Corp., has officially been handed the reins of his family's auto empire after a 25-year apprenticeship, Reuters reports in an in-depth look at the issues facing Toyota as it tries to find its footing amid the global recession.The move has long been anticipated--and has been previously explored at length by the New York Times and Wall Street Journal in articles published in the past six month--but upon the handoff actually taking place, analysts interviewed by Reuters expressed doubts about 53-year-old Toyoda's ability to make any real difference.
Read more on Toyota's leadership change.
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