Akio Toyoda, who has been reluctant to embrace all-electric vehicles, will be succeeded as C.E.O. by a Lexus executive. By Ben Dooley Reporting from Tokyo Akio Toyoda, the scion chief of the ...

Toyota’s longtime president and CEO Akio Toyoda is stepping down and handing over the reins of the world’s largest automaker to Lexus chief Koji Sato. CNN values your feedback 1.

Toyoda, grandson of Toyota Motor Corp. founder Kiichiro Toyoda, who has earned the unofficial title of “master driver”, holds the final say on what makes a Lexus a Lexus and a Toyota a Toyota.

In June 2009, Toyoda became the president of the company his grandfather Kiichiro founded in 1937, replacing Katsuaki Watanabe. Akio was the first member of Toyoda family to take the helm since 1995.

Akio Toyoda, who stepped down as chief executive last year, had been criticized by some shareholders for continuing to dominate decision making at the automaker. By River Akira Davis Reporting ...

Toyota Motor Chairman Akio Toyoda revealed Monday at CES 2025 his vision for a living laboratory chock-full of startups and technology. His message: Woven City — a prototype city on a 175-acre ...