Akio Toyoda

Akio Toyoda (豊田章男, Toyoda Akio) is the president and CEO of Toyota Motor Corporation.

Career

Toyoda received his MBA from Babson College in 1982. He joined Toyota in 1984. In 2000 he joined Toyota's board of directors. In 2005 he was promoted to executive vice president.

In January 2009 he was announced as the forthcoming president of the company. On June 23, 2009, he was confirmed as the new president of the company, along with four new executive vice presidents and eight new board members. The previous president and CEO Katsuaki Watanabe became vice chairman, replacing Katsuhiro Nakagawa.

Toyoda, who promoted sports models like the Lexus IS-F and Lexus LF-A, loves auto racing. He participated as a driver at the ADAC 24 hours at the Nürburgring three times under the pseudonym Morizo Kinoshita. In 2009 he reached the 87th position overall and the fourth position in his class with his LF-A Prototyp No. 14.

In 2012 he was named Autocar's Man of the Year.

Statement on vehicle recalls

Toyota

Toyota Motor Corporation (Japanese: トヨタ自動車株式会社, Hepburn: Toyota Jidōsha KK, IPA: [toꜜjota], /tɔɪˈoʊtə/) is a Japanese automotive manufacturer headquartered in Toyota, Aichi, Japan. In March 2014 the multinational corporation consisted of 338,875 employees worldwide and, as of February 2016, is the 13th-largest company in the world by revenue. Toyota was the largest automobile manufacturer in 2012 (by production) ahead of the Volkswagen Group and General Motors. In July of that year, the company reported the production of its 200-millionth vehicle. Toyota is the world's first automobile manufacturer to produce more than 10 million vehicles per year. It did so in 2012 according to OICA, and in 2013 according to company data.As of July 2014, Toyota was the largest listed company in Japan by market capitalization (worth more than twice as much as #2-ranked SoftBank) and by revenue.

The company was founded by Kiichiro Toyoda in 1937 as a spinoff from his father's company Toyota Industries to create automobiles. Three years earlier, in 1934, while still a department of Toyota Industries, it created its first product, the Type A engine, and, in 1936, its first passenger car, the Toyota AA. Toyota Motor Corporation produces vehicles under 5 brands, including the Toyota brand, Hino, Lexus, Ranz, and Scion. It also holds a 51.2% stake in Daihatsu, a 16.66% stake in Fuji Heavy Industries, a 5.9% stake in Isuzu, a 3.58% stake in the Yamaha Motor Company, and a 0.27% stake in Tesla, as well as joint-ventures with two in China (GAC Toyota and Sichuan FAW Toyota Motor), one in India (Toyota Kirloskar), one in the Czech Republic (TPCA), along with several "nonautomotive" companies. TMC is part of the Toyota Group, one of the largest conglomerates in the world.

Toyota Camry

The Toyota Camry (/ˈkæmri/; Japanese: トヨタ・カムリ Toyota Kamuri) is an automobile sold internationally by the Japanese manufacturer Toyota since 1982, spanning multiple generations. Originally compact in size (narrow-body), later Camry models have grown to fit the mid-size classification (wide-body)—although the two sizes co-existed in the 1990s. Since the release of the wide-bodied versions, Camry has been extolled by Toyota as the firm's second "world car" after the Corolla. In Japan, Camry is exclusive to Toyota Corolla Store retail dealerships. Narrow-body cars also spawned a rebadged sibling in Japan, the Toyota Vista (トヨタ・ビスタ)—also introduced in 1982 and sold at Toyota Vista Store locations. Diesel fuel versions have previously retailed at Toyota Diesel Store.