Company shareholders re-elect Akio Toyoda as chairman of Toyota Motor Company
Despite all the recent issues with vehicle certification and safety irregularities throughout the Toyota group, the Toyota Motor Company’s shareholders have decided to choose continuity.
According to reports, while Toyoda retained his title as chairman, his approval rating is expected to take another dip due to the issues the company’s groups are currently facing. Those include safety, emissions, and certification irregularities across the Hino, Toyota, Daihatsu, and Toyota Industries that are under the TMC umbrella.
As we all know, Toyoda came under fire for his stance on electric vehicles early on. But with the current trend of the industry, Toyota’s focus on developing hybrid tech instead of going full EV has resulted in the biggest annual profit for the company and Japanese history.
Tmc Toyota Toyota Motor Corporation
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