• News
      • Appointments
      • Electric Powertrain Technologies
      • Emissions
      • Engine Components
      • Engine Electronics
      • Facility Developments
      • Forced Induction
      • Fuel Cell Technologies
      • Fuels & Lubricants
      • Heavy-duty & Diesel Engine Technologies
      • Hybrid Powertrain Technologies
      • Industry Forecasting
      • Legislation
      • Materials & Surface Treatment
      • Metallurgy
      • Mild-hybrid & 48V Technologies
      • New Engine
      • Partnerships, Investments & Acquisitions
      • Quality Control
      • Prototyping
      • Sustainable ICE Symposium
      • Testing
      • Traction Control Systems
      • Transmissions Technologies
      • Webinars
  • Features
  • Online Magazines
    • January 2023
    • September 2022
    • June 2022
    • Subscribe to Automotive Powertrain Technology
    • Transmission Technology International
    • Subscribe to Transmission Technology
    • Engine + Powertrain Technology International Archive
  • Opinion
  • Events
  • Supplier Spotlight
  • Jobs
    • Browse Jobs
    • Post a Job – It’s FREE!
    • Manage Jobs (Employers)
Facebook Twitter Instagram
  • Sign-up for Free Weekly E-Newsletter
  • Meet the Editors
  • Contact Us
  • Media Pack
LinkedIn Twitter Facebook
Subscribe
Automotive Powertrain Technology International
  • News
      • Appointments
      • Electric Powertrain Technologies
      • Emissions
      • Engine Components
      • Engine Electronics
      • Facility Developments
      • Forced Induction
      • Fuel Cell Technologies
      • Fuels & Lubricants
      • Heavy-duty & Diesel Engine Technologies
      • Hybrid Powertrain Technologies
      • Industry Forecasting
      • Legislation
      • Materials & Surface Treatment
      • Metallurgy
      • Mild-hybrid & 48V Technologies
      • New Engine
      • Partnerships, Investments & Acquisitions
      • Quality Control
      • Prototyping
      • Sustainable ICE Symposium
      • Testing
      • Traction Control Systems
      • Transmissions Technologies
      • Webinars
  • Features
  • Online Magazines
    1. January 2023
    2. September 2022
    3. June 2022
    4. Subscribe to Automotive Powertrain Technology
    5. Transmission Technology International
    6. Subscribe to Transmission Technology
    7. Engine + Powertrain Technology International Archive
    Featured

    In this Issue – January 2023

    By Web TeamDecember 5, 2022
    Recent

    In this Issue – January 2023

    December 5, 2022

    In this Issue – October 2022

    October 11, 2022

    In this Issue – September 2022

    October 7, 2022
  • Opinion
  • Events
  • Supplier Spotlight
  • Jobs
    • Browse Jobs
    • Post a Job – It’s FREE!
    • Manage Jobs (Employers)
LinkedIn Twitter Facebook
Automotive Powertrain Technology International
Appointments

Akio Toyoda to step down as Toyota president

Callum Brook-JonesBy Callum Brook-JonesJanuary 26, 20232 Mins Read
LinkedIn Twitter Facebook Email
Akio Toyoda, chairman of the board of directors (representative director); Koji Sato, operating officer, president and chief executive officer; and Takeshi Uchiyamada, member of the board of directors (representative director)
Share
LinkedIn Twitter Facebook Email

Toyota has announced that Akio Toyoda is to step down as president of the company, having held the role since 2009. The appointments come as the company looks to maintain its leading position within the global automotive market and strengthen its electrification roadmap.

As the grandson of Toyota’s founder, Kiichiro Toyoda, Akio Toyoda will take on the the role of chairman of the board of directors. Replacing Toyoda as president will be Koji Sata, currently chief branding officer and head of the Lexus unit as well as Toyota Gazoo Racing.

Speaking following the announcement of his planned departure, Toyoda explained, “These developments were triggered by the pending resignation of chairman [Takeshi] Uchiyamada. I thought that the best way to further Toyota’s transformation would be for me to become chairman in support of a new president. This led to today’s decision.”

Sato has worked for Toyota for the past 30 years, and in his new position he will be responsible for overhauling the company’s electric vehicle strategy; the OEM currently has fewer EV models than competing vehicle manufacturers. It is taking a more cautious approach to electrification than many of its peers, while also pursuing hydrogen development across both FCEV and ICE platforms.

The leadership change will be effective from April 1, 2023.

Share. LinkedIn Twitter Facebook Email

Related Posts

Volkswagen and PowerCo select Canadian location for first overseas battery cell gigafactory

March 17, 2023

Honda outlines plans for electric vehicle production in the USA

March 17, 2023

VW targets entry-level EV market with ID. 2all concept

March 16, 2023
LATEST NEWS

Volkswagen and PowerCo select Canadian location for first overseas battery cell gigafactory

March 17, 2023

Honda outlines plans for electric vehicle production in the USA

March 17, 2023

Toyota forced to withdraw hydrogen Corolla from Suzuka race after fire

March 16, 2023

Receive breaking stories and features in your inbox each week, for free


Enter your email address:


Supplier Spotlights
  • Idemitsu Lubricants America (ILA)
Getting in Touch
  • Contact Us
  • Download Media Pack
  • Meet the Editors
  • Free Weekly E-Newsletter
Our Social Channels
  • Facebook
  • Twitter
  • LinkedIn
Related UKi Topics
  • Automotive Interiors
  • Automotive Testing
  • Autonomous Vehicle
  • Professional Motorsport
  • Tire Technology
© 2023 UKi Media & Events a division of UKIP Media & Events Ltd
  • Terms and Conditions
  • Privacy Policy
  • Cookie Policy
  • Notice and Takedown Policy

Type above and press Enter to search. Press Esc to cancel.