Automotive

Toyota CEO Steps Aside

“I see your new plan and I raise you a whole new boss!” -Toyota, probably
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Toyota CEO Steps Aside

Toyota's CEO is stepping down as the head of his grandfather's company and assuming the role of chairman. The current head of Lexus will take over as of April 1.

Investors say Toyoda was a good leader, but they are interested in seeing if the new CEO will take the company beyond past insistence on hybrids and hydrogen vehicles.

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