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Toyota President: Company 'Grasping For Salvation'
Nelson Ireson By Nelson Ireson

Toyota President: Company 'Grasping For Salvation'

10/02/2009

Today Toyota Motor Co. president Akio Toyoda dished out a dose of reality to the world on the state of the largest global carmaker: it's on the brink of irrelevance and possibly even insolvency. Referencing Jim Collins' book How the Might Fall, Toyoda said the company is "grasping for salvation."...

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