PREVIEW-Tough times loom for new Toyota chief as losses mount

Newswire

* Founding family member takes helm for 1st time in 14 years * Toyota seen staying course, no Western-style slash and burn * Four of five executive vice presidents will be new By Chang-Ran Kim, Asia autos correspondent TOKYO, June 22 (Reuters) - Akio Toyoda takes charge at Toyota Motor Corp this week with the company facing its biggest ever loss, but few expect his appointment to bring about the changes needed to drive the world's No.1 automaker back into the black. Amid a global ...

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