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Akio Toyoda says size not solution in warning about auto industry consolidation

Toyota Chairman Akio Toyoda stands in a suit in an office lobby with his hand on a loom and a car in the background.
“Just having volume doesn’t necessarily mean that you’re strong.” Toyota Chairman Akio Toyoda said in the automaker's Tokyo office March 27, adding that industry consolidation can backfire if the sole rationale is bigger scale. (HANS GREIMEL/AUTOMOTIVE NEWS)
HG
By:
Hans Greimel
March 27, 2025 04:41 PM

TOKYO — Akio Toyoda may be the boss of the world’s biggest car company.

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