Toyota Motor Corp. said incoming president Akio Toyoda, the grandson of the company's founder, will be a driver on the automaker's team in a 24-hour endurance race in Germany.
Toyoda, 52, was tapped as president in January - an appointment viewed as symbolic of the Japanese automaker's determination to ride out the global slump and what is expected to be its first annual loss in nearly 60 years.
The grandson of Toyota ( TM - news - people ) founder Kiichiro Toyoda is one of four drivers on a Toyota team entering the May 21-24 Nurburgring 24-hour endurance race in Germany, company spokesman Paul Nolasco said Friday.
Read Article