Toyota president Akio Toyoda 'very sorry' for safety recalls Akio Toyoda, the grandson of the firm's founder, acknowledged growing consumer disquiet over the safety of at least 8m vehicles worldwide affected by potentially lethal acceleration problems.Toyoda said he "deeply regretted" the concern the acceleration faults had caused to customers and said it was his "personal responsibility" to fix the problem."The recalls are affecting several models in several regions and have caused anxiety among customers who are wondering if their cars are OK," he told reporters at a hastily called press conference in Nagoya near the firm's central Japan headquarters. "For that we are very sorry."He conceded that he had decided to talk to the me...

Toyota-s top executives no-show during recall situation Toyota is well-known to be a family affair, still controlled by members of the founding family; Akio Toyoda sits as president while his father, Dr, ...

Volkswagen plans to overtake Toyota to become world auto leader by 2018 President Akio Toyoda, 53, predicted sales of 503,000 vehicles in North America in the three months ending March 31 even as Toyota has been forced to take its top-selling models off the U.S. market. Global recalls of almost 8 million vehicles due to reports of unintended acceleration will dent demand by 100,000 vehicles and cost 100 billion yen, the company said.But... "There's a huge possibility that Toyota won't meet this forecast," said Koji Endo, managing director of Advanced Research Japan in Tokyo. "The recalls will damage their reputation and if they widen, there will be costs which Toyota has not yet taken into account."Righ...

	Tire Business Meanwhile, Toyota President Akio Toyoda was poised to break his silence over the outbreak of recalls and quality concerns. A quickly organized press ... U.S. transport chief to phone Toyoda over safety fears President Akio Toyoda soon about the safety concerns involving his company's cars. "This is very serious," LaHood was quoted as saying at a breakfast with ... Toyota Will Cooperate "Wholeheartedly" With US Regulators s (TM) Chief Executive, Akio Toyoda, said Friday the Japanese auto maker "will cooperate sincerely and wholeheartedly" with US regulators in resolving ... Toyota president Toyoda to brief at 7 (TSE:JP:7203) (NYSE:TM) said late Friday that it will hold a press briefing in Nagoya at 9:00 pm Japan time (7:00 am EST), at which President Akio Toyoda ... Toyota Plans Media Blitz as Stock Loses $21 Billion (Update1) The TV appearances will be the first for a US audience after the automaker ran an informational ad in newspapers today and President Akio Toyoda gave a ... Toyota chief apologizes for global recall Toyota Motor Corp. president Akio Toyoda apologized on Friday for a massive global recall that has tarnished the reputation of the world's largest car maker ... Toyota 'deeply sorry' for recall fiasco Toyota president Akio Toyoda says he is "deeply sorry" for the recall of millions of cars around the world due to faulty accelerator pedals, but insisted ...