Is Akio Toyoda the miracle worker Toyota Motor Corp. shareholders have been praying for? The grandson of Kiichiro Toyoda, founder of the company in 1937, was confirmed as president and CEO of Toyota June 23 and is promising a return to profitability in 2011. The world’s largest vehicle producer has been severely hurt by the global recession and managing a turnaround won’t be simple or easy. The challenges Toyoda faces are daunting, including those beyond his control such as the revival ...
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