Toyota re-hires exec to right North American operations

Discussion in 'Industry News' started by NewsBot, Feb 23, 2009.

  1. NewsBot

    NewsBot Grand Toyotaholic

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    pFiled under: a href="http://www.autoblog.com/category/hirings-firings/" rel="tag"Hirings/Firings/Layoffs/a, a href="http://www.autoblog.com/category/toyota/" rel="tag"Toyota/a/pimg border="0" align="right" src="http://www.blogcdn.com/www.autoblog.com/media/2009/01/toy_fct_nix.jpg" alt="" /Toyota was in the midst of record-breaking sales back in 2007 when Yoshimi Inaba, then president of North American sales, left the company to take a new role at Central Japan International Airport Co. in Nagoya, Japan. Since then, despite taking the crown as a href="http://www.autoblog.com/2009/01/21/toyota-finally-displaces-gm-as-worlds-largest-automaker/"world's largest automaker/a from General Motors, Toyota has hit a rough patch in the wake of the global economic downturn and has experienced massive sales declines and its first a href="http://www.autoblog.com/2008/12/19/toyota-poised-for-first-annual-loss-in-71-years/"yearly operating loss/a in over 70 years. It's all very a href="http://www.autoblog.com/2009/02/07/toyota-loses-top-credit-rating/"un-Toyota-like/a, and it's prompting a href="http://www.autoblog.com/2009/02/13/toyota-to-offer-buyouts-to-u-s-workers-cut-bonuses-executive/"major changes/a at the very top of the company's ranks.br /br /a href="http://www.autoblog.com/2009/01/20/founders-grandson-to-succeed-watanabe-as-toyota-president/"Incoming-president Akio Toyoda/a has announced plans to bring Inaba back into the fold, where he will again oversee various projects at Toyota, including some in the crucial North American market. Will the new leadership allow the Japanese giant to quickly right the ship and regain its air of invincibility? As always, time will tell.br /br /[Source: a href="http://www.autoobserver.com/2009/02/toyota-brings-inaba-back-to-clean-up-us-mess.html"Auto Observer/a]p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"a href="http://www.autoblog.com/2009/02/23/toyota-re-hires-exec-to-right-north-american-operations/"Toyota re-hires exec to right North American operations/a originally appeared on a href="http://www.autoblog.com"Autoblog/a on Mon, 23 Feb 2009 07:58:00 EST. Please see our a href="http://www.weblogsinc.com/feed-terms/"terms for use of feeds/a./ph6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"/h6a href=http://www.autoobserver.com/2009/02/toyota-brings-inaba-back-to-clean-up-us-mess.htmlRead/anbsp;|nbsp;a href="http://www.autoblog.com/2009/02/23/toyota-re-hires-exec-to-right-north-american-operations/" rel="bookmark" title="Permanent link to this entry"Permalink/anbsp;|nbsp;a href="http://www.autoblog.com/forward/1467168/" title="Send this entry to a friend via email"Email this/anbsp;|nbsp;a href="http://www.autoblog.com/2009/02/23/toyota-re-hires-exec-to-right-north-american-operations/#comments" title="View reader comments on this entry"Comments/apa href="http://feedads.googleadservices.com/~at/J_l3z4dbdUYFnFgJY5d9cKB6GwM/a"img src="http://feedads.googleadservices.com/~at/J_l3z4dbdUYFnFgJY5d9cKB6GwM/i" border="0" ismap="true"/img/a/pdiv class="feedflare"a href="http://feeds2.feedburner.com/~ff/weblogsinc/autoblog?a=4X3wWClLNkY:c2A41B007q0:wF9xT3WuBAs"img src="http://feeds2.feedburner.com/~ff/weblogsinc/autoblog?i=4X3wWClLNkY:c2A41B007q0:wF9xT3WuBAs" border="0"/img/a a href="http://feeds2.feedburner.com/~ff/weblogsinc/autoblog?a=4X3wWClLNkY:c2A41B007q0:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/weblogsinc/autoblog?i=4X3wWClLNkY:c2A41B007q0:V_sGLiPBpWU" border="0"/img/a/divimg src="http://feeds2.feedburner.com/~r/weblogsinc/autoblog/~4/4X3wWClLNkY" height="1" width="1"/

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