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  • Toyota taps Lexus head Koji Sato as new CEO; Akio Toyoda becomes chairman
    Automotive

    Toyota taps Lexus head Koji Sato as new CEO; Akio Toyoda becomes chairman

    January 27, 2023 /

    Sato ought to also plot a route towards a carbon neutral long run, although balancing the large customer demands of the automaker and fending off nimble new rivals from Silicon Valley, China and over and above. Sato will have to reinvent the organization for a new era when retaining all the corporate society that has been the solution to Toyota’s accomplishment for so extensive. Toyoda is the grandson of Kiichiro Toyoda, the located of the vehicle corporation, and the son of Shoichiro Toyoda, a earlier president of the business until 1992. Toyoda’s shift to the supervisory position of chairman palms regulate of day-to-day operations to a non-family members member for…

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