Toyota (TM) picks Akio Toyoda, grandson of the company's founder, as its next president, sources...

|About: Toyota Motor Corporation (TM)|By:, SA News Editor

Toyota (TM) picks Akio Toyoda, grandson of the company's founder, as its next president, sources say. Known for an aggressive management style, he must prove to outsiders the family can run the company - especially in light of a mere 2% stake.