Rachel Bodine graduated from college with a BA in English. She has since worked as a Feature Writer in the insurance industry and gained a deep knowledge of state and countrywide insurance laws and rates. Her research and writing focus on helping readers understand their insurance coverage and how to find savings. Her expert advice on insurance has been featured on sites like PhotoEnforced, All...

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Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

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Reviewed by Jeffrey Johnson
Insurance Lawyer

UPDATED: Jan 18, 2021

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Toyota Camry
2011 Toyota Camry (image from http://www.edmunds.com/toyota/camry/2011/)

Bloomberg is reporting that Toyota is looking to reorganize its board in its biggest shakeup in over eight years.  Toyota currently has 27 members on its board of directors, and the report indicates that at least 10 would be cut from this group in order to allow Toyota to react and make decisions quicker.

This isn’t the first time Toyota has taken such a step.  Eight years ago, they cut more than half of the then 58 board members down to the 27 in place today.

These moves are likely linked to the troubles Toyota has experienced with recalls due to the unintended acceleration issues that have been attributed to several nameplates in the Toyota line up.

As we reported last week, the NHTSA’s report on the Toyota unintended acceleration issues largely exonerated Toyota, and Toyota models continue to sell well in the United States and North America.

In contrast to news from Japan, General Motors has announced that its Chevrolet brand claimed the top spot in United States sales in January with a total of 125,389 vehicles sold.

“We are encouraged to see Chevrolet’s momentum in 2010 carryover to the new year,” said Alan Batey, vice president, Chevrolet Sales and Service. “Because of our great products, more customers chose Chevrolet in January than any other brand in the United States. In fact, Chevrolet edged out Ford by almost 4,000 vehicles and outsold Toyota by more than 25,500.”

Two of Chevrolet’s models appeared on the top 10 best selling cars in January list: the Chevrolet Silverado and the Chevrolet Impala.  Toyota also placed two cars on that list as well: The Toyota Corolla and the Toyota Camry.