Category Archives: Industry
An Apology From Toyota’s Leader
Business Strategy – Washington — Akio Toyoda, the president of Toyota, was billed as the main attraction at a House hearing Wednesday into the company’s recalls of millions of cars — recalls for which he profusely apologized and took personal responsibility.
But the transportation secretary, Raymond LaHood, offered more surprises in testimony that was sometimes heated, [...]
Opel’s Strategy Has Fewer Jobs and Less Capacity
Adam Opel, the European assemblage of General Motors, appear an aggressive turnaround plan on Tuesday, vowing to become assisting in 2012 by acid accommodation by 20 percent and abbreviation its assignment force by 8,300, while introducing new models, including the battery-powered Ampera.
But the arch controlling of Opel, Nick Reilly, said on Tuesday that the plan [...]