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Akio Toyoda becomes CEO of Toyota in 2009, with the support of Shoichiro Toyoda, his father. He spent some years in the American operations, has overseas experience, and got his MBA from Babson College in Massachusetts. Because of tis he brings an outward looking approach to Toyota. By August 2009 about 40% of the senior management hat Toyota had retired or moved to new positions. Toyota suffered a loss of $819 million in the 2nd quarter 2009 with net sales revenue down sharply by 38% over prior year's same quarter. In the last years of the previous CEO Watanabe, Shoichiro had expressed concerns about the complacency at the company. See the links to this including Shoichiro's concern for higher costs, lower quality, and complacency in management.
Grouped Articles
Eiji Toyoda, Japan Auto Industry Visionary, Dies At 100
Wall Street Journal 09.17.2013
Eiji Toyoda, Promoter of the Toyota Way and Engineer of Its Growth, Dies at 100
New York Times 09.17.2013
In Rapid Turnaround, Toyota Is on Track to Post Record Earnings
New York Times 02.04.2014
Toyota Offers Tepid Outlook After Big Gains
Wall Street Journal 05.09.2014
For Toyota, a New Small Truck Carries Hopes for Topping GM
Wall Street Journal 05.12.2005
Toyota's Jim Press Discusses the Future
BusinessWeek 05.17.2006
In Chinese Market, Toyota's Strategy Is Made in U.S.A.
Wall Street Journal 05.26.2006
Toyota Names First Foreigner to Board
Wall Street Journal 04.12.2007
Toyota Promotes an American to Its Board
New York Times 04.13.2007
Japan's Auto Giants Steer Toward China
Wall Street Journal 05.16.2007
New York Times 11.19.2008
At G.M., Innovation Sacrificed to Profits
New York Times 12.06.2008
New Leader Expected At Toyota Next Year
New York Times 12.24.2008
Wall Street Journal 12.23.2008
Toyota Family Member Vies for the Top Job
Wall Street Journal 12.24.2008
Toyota, Needing Change, Taps a Scion to Lead
Wall Street Journal 01.12.2009
Toyota Management Heads Toward a Shakeup
Wall Street Journal 01.21.2009
Grandson of Toyota Founder Will Lead
New York Times 01.21.2009
Taking the Wheel as Toyota Skids
New York Times 02.15.2009
Honda Names New Chief Executive
New York Times 02.24.2009
A Scion Drives Toyota Back to Basics
Wall Street Journal 02.24.2009
Honda Picks New Chief Executive
Wall Street Journal 02.24.2009
BusinessWeek 03.03.2009
Japan's Leaders Powerless as Economy Plunges
BusinessWeek 02.16.2009
Toyota Poised to Make Shift in North America
Wall Street Journal 04.09.2009
Toyota Plans a Major Overhaul in U.S.
Wall Street Journal 04.10.2009
BusinessWeek 04.16.2009
Toyota Posts Big Loss, Signals More to Come
Wall Street Journal 05.09.2009
Economist 05.14.2009
Toyota resumes family leadership: Grandson to head top carmaker
Detroit News 06.19.2009
Toyota Boss Faces First Hurdle
Wall Street Journal 07.01.2009
Toyota Boss Vows to Change Priorities
Wall Street Journal 06.26.2009
Toyota Lost Touch, Executive Says
Wall Street Journal 07.22.2009
Toyota Restructures, Too, but at Its Own Pace
New York Times 08.05.2009
Wall Street Journal 09.17.2009
Toyota Gets Stuck in a Pair of Ruts
BusinessWeek 11.18.2009
Toyota Pursues Alternatives, New Engines In Car Market
Wall Street Journal 01.12.2010
Toyota’s Top Executive Under Rising Pressure
New York Times 02.06.2010
Akio Toyoda - Toyota's plan to repair its public image
Washington Post 02.09.2010
Wall Street Journal 02.08.2010
U.S. panel lambasts a contrite Toyoda.
Detroit News 02.25.2010
New York Times 06.02.2010
Toyota Unveils New Business Plan
Wall Street Journal 03.09.2011
Wall Street Journal 03.10.2011
With Profit Down 19%, Toyota Withdraws Forecast
New York Times 11.08.2011
A Board Complicit in MF Globals Bets, and its Demise
New York Times 11.09.2011
Toyota Battling Against Yen's Strength
Wall Street Journal 01.03.2012
Toyota Overhauls Its R&D Efforts
Wall Street Journal 04.10.2012
Toyota Raises Sales Target as Quarterly Profit Rises
New York Times 08.03.2012
Grandson of Toyota Founder Will Lead
New York Times 01.21.2009
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