Toyota scion Akio Toyoda reported to be line to replace CEO Watanabe

Business Week - Auto Beat • Dec 23, 2008

Could this week get any worse for Toyota CEO Katsuaki Watanabe? Yesterday, Watanabe took the unusual step of announcing a huge profits revision. It was so unusual, in fact, that Toyota now projects it will make its first ever operating loss in the fiscal year ending March 2009. "The… Full Story »