Toyota president Akio Toyoda has drawn a parallel between the changes happening in the company now to what happened when Toyota first came into existence.
Toyoda was speaking at a press conference to present the automaker’s financial results. He acknowledged the “many lessons that we learned” through the company’s partnerships with Subaru, BMW and Mazda.
The partnerships were part of the reason for Toyota adopting a new organisational structure. It was also a factor in the company’s decision to establish the Toyota Research Laboratory. [Read more…] about Toyota boss says autonomous technology is a paradigm shift – like going from building looms to constructing cars