Tag Archives: Toyota

Toyota’s 10 million unit plan: Common parts, r&d

Toyota Motor Corp. President Akio Toyoda is banking on an overhauled r&d strategy to kick the company his grandfather founded into growth mode after four years of crises. He stated “If you compare it to soccer, it’s like changing the field formation. As the head coach, I have changed us from a defensive formation to an offensive one.”

The strategy will help boost Toyota’s global sales beyond 10 million units a year. In 2007, Volkswagen Group CEO Martin Winterkorn set a similar goal for the group — 10 million sales by 2018.

Ford, Honda, Toyota make case for lower tax rates, more consistent regulations

Officials with Ford, Honda and Toyota, as well as with some key suppliers, told an American  congressional subcommittee that lower tax rates, more consistent regulations and a better-trained workforce would help ensure a strong auto manufacturing sector into the future.

The hearing, convened by the American House Subcommittee on Commerce, Manufacturing and Trade, saw the three competitors largely in agreement in terms of the need for government not to pass along burdensome regulations and to set tax rates and incentives in a consistent manner.

Toyota, Honda, Nissan recall more than 2 million vehicles over air bag problem

Toyota, Honda and Nissan are recalling more than 2 million vehicles globally for an identical problem with air bags on the passenger side whose inflator may burst, sending plastic pieces flying.

No injuries have been reported related to the problem.

Toyota Seeks To Limit Atty Funding In Acceleration MDL

The people at Law360 are bringing us another part of the Toyota MDL litigation saga.  It seems the folks at Toyota don’t like the idea of paying for plaintiffs attorneys.

Perhaps Toyota should strive for better quality or when they mess up they should be more helpful and quicker with the help for their customers (or Victims might be a better word). Here is the short info from Law360:

Toyota, Plaintiffs Clash Over Future Of Acceleration MDL


The people at Law 360 are keeping up with all the twists and turns to Toyota’s problems with customer litigation. Here is the latest news from them.