On April 1st, Toyota Motor Corporation announced that President Akio Toyoda, who had been in the top position for 13 years, will become chairman with representative authority, and will be replaced by Executive Officer Tsuneharu Sato, who is in charge of the Lexus and Gazoo Racing divisions. Announced. The sudden change of president and the choice of a dark horse as his successor have caused a stir in the industry.
The change of president was not announced at a press conference, but in an unusual way, using Toyota’s own media “Toyota Times”, perhaps to avoid tough questions.
It is said that President Toyoda’s decision to change president was prompted by Chairman Takeshi Uchiyamada’s request to resign. Behind this is the accelerating global shift to electric vehicles (EVs).
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