The management vision of Toyota Motor Corp. President Akio Toyoda will be announced in Tokyo on March 9. No details of the Toyota Global Vision will be given before its scheduled presentation. Last month, Toyota said that it wanted to outline his corporate vision for 2020, flagging the announcement around spring.
In late 2007, Toyoda's predecessor, Katsuaki Watanabe, had outlined a general direction for the company under Toyota Global Vision 2020 that consisted of the plan to use hybrid technology to all models, a vision for next-generation mobility on a community-wide basis, and the commercialization of its humanoid robot business.
Also included in this direction was the presentation of its next-generation manufacturing technology to its factories around the world.
Just last week, Toyota subsidiary Central Motor inaugurated a new factory in Japan that was filled with the latest production techniques that Toyota wants to make use of in its other factories.
Since Toyoda took the top post in June 2009, he has kept a low profile with investors as he was faced with the challenge of overcoming the recall crisis. It’s to be expected then that investors are eagerly awaiting the announcement of the long-term corporate vision. [via autonews - sub. required]