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Toyota’s CEO Jim Lentz Talks About Companies Future and Oil Prices Affecting Decisions

Periodically Toyota’s communications team interviews executives and other individuals, journalists simply don’t have access to. Here is a great example of these interviews with CEO Jim Lentz. While he doesn’t share any shocking, breaking news items, I think his discussion on oil prices and the change in consumer behavior is spot on and is part of the reason why he has been cautious when he talks about spending more resources on truck development. Sure, trucks are hot right now, but what happens in 5 years which is about the time frame for when a new production facility could come online. Will trucks still be hot? If only we had a crystal ball.

Toyota CEO Jim Lentz Interview

Toyota North America Region Chief Executive Officer Jim Lentz talks with team members at Toyota Motor Manufacturing, Indiana (TMMI) in July 2013.

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