{"id":307042,"date":"2010-02-11T11:16:00","date_gmt":"2010-02-11T16:16:00","guid":{"rendered":"http:\/\/www.egmcartech.com\/?p=50786"},"modified":"2010-02-11T11:16:00","modified_gmt":"2010-02-11T16:16:00","slug":"question-of-the-day-should-toyota%e2%80%99s-ceo-resign-his-position","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/307042","title":{"rendered":"Question of the Day: Should Toyota\u2019s CEO resign his position?"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"http:\/\/www.egmcartech.com\/wp-content\/uploads\/2009\/10\/akio_toyoda_wide_main_a.jpg\" alt=\"\" width=\"563\" height=\"315\" \/><\/p>\n<p>&#8216;No-show Akio&#8217; &#8211; <a href=\"http:\/\/www.egmcartech.com\/2010\/02\/04\/no-show-akio-toyotas-top-executives-no-show-during-recall-situation\/\">that was the nickname given to Toyota&#8217;s CEO when he failed to make a public apology<\/a> at the beginning of Toyota&#8217;s recent recall issues. A day after that nickname made it big in the media, Akio Toyoda quickly scheduled a <a href=\"http:\/\/www.egmcartech.com\/2010\/02\/05\/toyota-ceo-akio-toyoda-apologizes-says-company-will-do-utmost-to-regain-trust\/\">last minute press conference apologizing to customers<\/a>.\u00a0Toyoda is even said to be <a href=\"http:\/\/www.egmcartech.com\/2010\/02\/10\/toyota-ceo-akio-toyoda-planning-a-trip-to-the-united-states\/\">planning a trip to the United States<\/a> in the upcoming days.<\/p>\n<p>However, some experts aren&#8217;t buying it. <a href=\"http:\/\/www.businessweek.com\/news\/2010-02-08\/biggest-bubble-in-history-is-growing-every-day-william-pesek.html?chan=autos_autos+--+lifestyle+subindex+page_top+stories\">According to William Peek over at <\/a><em><a href=\"http:\/\/www.businessweek.com\/news\/2010-02-08\/biggest-bubble-in-history-is-growing-every-day-william-pesek.html?chan=autos_autos+--+lifestyle+subindex+page_top+stories\">BusinessWeek<\/a><\/em>, Toyoda should resign his position as CEO.<\/p>\n<p>Peek writes:<\/p>\n<blockquote>\n<p><em>&#8220;He must go not because of the company\u2019s biggest-ever and growing recall, but to take responsibility for how pathetically he is handling the crisis. Thanks to unsteady leadership, Toyota\u2019s market value has lost the equivalent of Latvia\u2019s annual gross domestic product since Jan. 21.\u00a0Last week\u2019s hastily arranged press conference with Toyoda changed nothing. This is still a textbook case of how not to tackle a public-relations debacle. Toyota\u2019s strategy &#8212; denial, downplaying problems, avoiding the media &#8212; turned a safety problem into a scandal that M.B.A. students will study for years. It also sheds light on where Japan finds itself in 2010.&#8221;<\/em><\/p>\n<\/blockquote>\n<p>So what do you think? Should Toyoda resign? Let us know in the comments section after the jump.<\/p>\n<p><em>&#8211; By: Omar Rana<\/em><\/p>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/wIrO8nn3ycsxAxMkOEeLWL3W4Co\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/wIrO8nn3ycsxAxMkOEeLWL3W4Co\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/wIrO8nn3ycsxAxMkOEeLWL3W4Co\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/wIrO8nn3ycsxAxMkOEeLWL3W4Co\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/egmcartech?a=SkInRNBMnEo:3LdO-Gcn-7o:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/egmcartech?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/egmcartech?a=SkInRNBMnEo:3LdO-Gcn-7o:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/egmcartech?i=SkInRNBMnEo:3LdO-Gcn-7o:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/egmcartech?a=SkInRNBMnEo:3LdO-Gcn-7o:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/egmcartech?i=SkInRNBMnEo:3LdO-Gcn-7o:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/egmcartech?a=SkInRNBMnEo:3LdO-Gcn-7o:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/egmcartech?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/egmcartech?a=SkInRNBMnEo:3LdO-Gcn-7o:TzevzKxY174\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/egmcartech?d=TzevzKxY174\" border=\"0\"><\/img><\/a>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&#8216;No-show Akio&#8217; &#8211; that was the nickname given to Toyota&#8217;s CEO when he failed to make a public apology at the beginning of Toyota&#8217;s recent recall issues. A day after that nickname made it big in the media, Akio Toyoda quickly scheduled a last minute press conference apologizing to customers.\u00a0Toyoda is even said to be [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-307042","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/307042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=307042"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/307042\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=307042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=307042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=307042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}