Toyota Motor Corp president Akio Toyoda offered a warning to Apple Inc, which is plotting a foray into the auto industry: There’s more to the business of selling cars than just having the technology to produce them.
The automotive industry welcomes new entrants, “but after making a vehicle, I’d like them to be prepared to deal with customers and various changes for some 40 years,” Toyoda said at a news conference held Thursday by the Japan Automobile Manufacturers Association, where he is the chairman.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
