News Journal

Toyota to have new president in April

Toyota Motor Company will have a new president in the month of April .The Company will be promoting Akio Toyoda, the founding family member to take the post in the company that suffered losses for the first time in last 70 years.

The company showed for the first time operating losses that was caused because of sliding sales and unexpected rise in price of yen. The company is planning to bring changes in top management to improve performance.