While the company will be steered "back to basics," the changes will not involve plant closures – Toyota wants to make sure it retains capacity for when the market bounces back. Toyoda will also ...

Picking up the chief executive spot at Toyota N.A. will be Yuki Funo, who is also coming from the automaker's US sales unit where he held the position of CEO. Skip to main content NEWS ...

The next president at Japan’s top automaker Toyota, Koji Sato, introduced a management team Monday that he said will lead an aggressive push on electric vehicles. Sato stressed that ...

Koji Sato, a 53-year-old who is also president of Toyota's luxury brand Lexus, will become the new CEO, the company said. The current chairman Takeshi Uchiyamada will drop his chairman title but ...