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20 Feb

Japan hopes Toyoda can clear image, cool friction (AP)

Posted in business on 20.02.10

File - In this Jan. 20, 2009 file photo, Toyota Motor Corp. Executive Vice President Akio Toyoda, center, joins hands with President Katsuaki Watanabe, left, and Chairman Fujio Cho after a press conference in Tokyo, Japan, when they announced Toyoda, the grandson of Toyota's founder, was named president of the Japanese automaker. Toyoda, known as 'the prince' in Japan, was groomed for years to head the automaker his grandfather founded. His appointment in 2009 was full of promise — a morale booster for the rank and file who expected that a youthful Toyoda in the hot seat would help steer the carmaker through a brutal slump in the global auto market. (AP Photo/Shizuo Kambayashi, File)AP – Japan is looking to Toyota president Akio Toyoda’s appearance before U.S. lawmakers next week to help burnish an image marred by a flood of recalls — and to prevent grievances over the issue from fanning broader political tensions.



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