Toyota NA pres Inaba: Hopes for profit in 2011, NUMMI could be dissolved

Toyota NA pres Inaba: Hopes for profit in 2011, NUMMI could be dissolved

Filed under: Toyota

Three weeks into his new assignment as president and chief operating officer of Toyota North America, Yoshimi Inaba came to Detroit to talk about the state of the business. This is Inaba-san's third stint working for Toyota in North America after returning to Japan in 2003. This spring the senior management in Japan asked Inaba-san to return to North America and help turn the suddenly ailing giant around.

Those who have been watching Toyota in the past decade have observed the company grow at a tremendous and seemingly inexorable rate. When the big crash hit in 2007-8, Toyota proved to be no more immune than any other automaker and recently recorded the first full-year loss in 71 years. As one of the biggest markets for the company, the North American operations clearly played up part in that loss and will play a part in returning the company to profitability. Read more after the jump.

[Source: Toyota]Continue reading Toyota NA pres Inaba: Hopes for profit in 2011, NUMMI could be dissolved

Toyota NA pres Inaba: Hopes for profit in 2011, NUMMI could be dissolved originally appeared on Autoblog on Thu, 23 Jul 2009 13:31:00 EST. Please see our terms for use of feeds.



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