Home > Economics

Guess which carmaker is worried sick about the future?

Saturday, October 3rd, 2009 | Economics |

You’d think it would be Chrysler or GM. Nope.

In a rare example of corporate accountability and humility, the president of Toyota, arguably the best run auto company in the world, Akio Toyoda, had some very harsh words for not just his company’s recent decline, which he characterized as “grasping for salvation”, but for his own failure at prevent this collapse. One wonders when Mr. Toyoda’s American counterparts, whose own failures are orders of magnitude worse, will admit even a minor fraction of comparable culpability.

Tags: ,

No comments yet.

Leave a comment

CommentLuv Enabled

Search

A Word from Our Sponsors



blog advertising is good for you

Subscribe


RSS Posts Feed
RSS Comment Feed

Subscribe in Bloglines
Powered by FeedBurner
Add to Google Reader or Homepage
Add to My AOL
Subscribe in NewsGator Online
Subscribe in Rojo


Email delivery of new posts:

Delivered by FeedBurner

Archives by Date