Founder's grandson may take over struggling Toyota


  • Business
  • Thursday, 25 Dec 2008

TOKYO (AP) - As Toyota Motor Corp. faces its biggest crisis, speculation is growing that the charismatic grandson of the company's founder may take over leadership of the automaker sooner than expected.

Japan's nationally circulated Asahi newspaper reported Tuesday that Akio Toyoda - long groomed for the top job - will replace current president Katsuaki Watanabe as soon as April.

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