Associated Press Finance
Toyota will oversee model certification at subsidiary Daihatsu after safety testing scandal
Japanese automaker Toyota will oversee model certification at its subsidiary Daihatsu to regain trust among dealers, customers and workers after a safety testing scandal, Daihatsu’s new president said Monday. Toyota Motor Corp. will take a leadership role in various areas, including product development and procurement, said Masahiro Inoue, who took the helm of Daihatsu in March. “I have been spending each and every day, vowing to revive Daihatsu,” said Inoue, who previously oversaw Toyota’s business in South America.