While the company will be steered "back to basics," the changes will not involve plant closures – Toyota wants to make sure it retains capacity for when the market bounces back. Toyoda will also ...

Toyota's President and CEO, Akio Toyoda, made his first public comment about the the Toyota recall during an interview with NHK today, in which he publicly apologized to the company's customers.

“We cannot emphasize enough how excited we are to welcome Dom as the new CEO of Mad Engine,” said Gajiani. “Dom’s depth of experience in licensed apparel and accessories, combined with his ...