Salem Radio Network News Tuesday, September 23, 2025

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Grandson of Toyota founder wins shareholders’ approval to stay in leadership

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Toyota shareholders have voted in support of all of the company’s proposals at their annual meeting.

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TAG: Correspondent Jeremy House reporting. A shareholder proposal requesting that Toyota issue an annual report on its climate-related lobbying activities was rejected.

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VERBATIM: One proposal included keeping Akio Toyoda, the grandson of the Japanese automaker’s founder, as chairman of the board. The annual meeting has drawn attention because Toyota and other major domestic makers have been embroiled in a scandal centered around fraudulent certification tests for vehicles. The cheating did not result in recalls or safety problems.

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