Toyota

Morgan heads for centenary with green sports car

August 4, 2008

The Morgan Motor Company, the world’s oldest family car company, has received the backing of John Hutton, the UK Secretary of State for Business and Enterprise.

The Morgan Motor Company, the world's oldest family car company, has received the backing of John Hutton, the UK Secretary of State for Business and Enterprise.

Visiting the company's HQ to cast his eyes over the LIFECar – a low carbon sports car Morgan is developing in collaboration with some of the top universities in the UK – the minister paid tribute to the iconic family business.

Toyota founder’s family member gets promotion

June 25, 2008

Iconic Japanese business Toyota Motor Corp has announced that Akio Toyoda, the great-grandson of the company’s founder, has been promoted to chairman of the board of directors for Toyota Motor Europe.

Iconic Japanese business Toyota Motor Corp has announced that Akio Toyoda (pictured), the great-grandson of the company's founder, has been promoted to chairman of the board of directors for Toyota Motor Europe. Toyoda, 52, will assume his new position on 1 July in a move that is widely seen as the next step on his road to the company presidency.

Family values for competitive advantage

March 1, 2005

According to recent research, family firms have stronger ‘people’ values than non-family firms and are more likely to put customers and employees ahead of profits.

According to recent research, family firms have stronger 'people' values than non-family firms and are more likely to put customers and employees ahead of profits. This doesn't mean they lose any competitive advantage, argues John Ward, Wild Group Professor of Family Business at IMD in Switzerland and Professor of Family Enterprises at Kellogg School of Management.