Toyota could move its car production from Japan

The ever rising yen makes Japanese manufacturers flirt with the idea of abandoning the land of the rising sun and to shift production abroad.

“The current situation is very tough,” Toyota President Akio Toyoda told the paper when asked how the strong yen affects Toyota’s business. “But Toyota is a global company that was born in Japan…. We would like to keep working hard in Japan.” Note: “We would like.”

Toyoda did not rule out moving its factories overseas to build models to be sold in Japan. But he added: “I have a strong feeling about manufacturing in Japan and our basic approach is to produce cars where they are sold.”

Toyota’s CEO apologized to shareholders for the brand’s negative image

Toyota’s image still suffers from the massive recall at the beginning of this year. In these circumstances, Akio Toyoda wanted to address to shareholders official apology.

Toyoda has spoken to the people who have invested in the brand’s development, showing his apologies for the many problems caused by the globally recalls.

The timing was an important one, this being the first time when Toyoda met with shareholders face to face after the manufacturer received the bad reputation.

At the end of its speech, Akio wanted to underline that Toyota is making significant efforts in order to improve the quality of its vehicles and also thanked to shareholders for their support during this difficult period.

Image source: Automarket

The Japanese attack the U.S. after Toyota hearings: the campaign orchestrated by the cunning

Toyota’s staff hearings that take place for two days in the U.S. Congress have stirred anger in Japan media, which holds that the U.S. legislature portrays the people from Toyota as “thugs and bastard”.

During the hearings in the United States, Toyota was represented by the Japan President, Akio Toyoda, the best-selling newspaper in Japan argue that the whole picture of the hearings are a political show orchestrated by Washington to divert public attention from real issues of this country before Parliament elections.

“Toyota is treated as a band of bandits, U.S. television broadcasting repeatedly testimony of a woman from Tennessee who went through a traumatic experience in 2006, when the Lexus copy she was driving accelerated suddenly and the woman was close to a fatal accident,” said the Yomiuri journalists.

Nikkei BP Magazine supports the view of those of the Yomiuri, publishing an article showing that “hearings are the perfect opportunity for Americans legislators to demonstrate their qualities in order for them to be voted again, demonstrating their voters that they work hard for the welfare of nation.

Another part of the Japanese media says that the U.S. government is behind the campaign that GM and Ford have recently launched, in which the Toyota owners are fooled with significant bonuses if they change their car.

“If these problems would have arisen from Ford or GM, the whole story would have been different. The United States have shown cunning, considers Shintaro Ishihara, the conservative governor of Japan.

Image source: Automarket; thecollegedriver.com