Toyota s chief executive will step down as head of the company his grandfather founded, the automaker said on Thursday, handing over to the leader of its Lexus luxury brand as the Japanese giant
Toyoda steps aside at Toyota just-auto.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from just-auto.com Daily Mail and Mail on Sunday newspapers.
The 53-year-old chief branding officer and president of Toyota Motor Corp's Lexus brand, Koji Sato, will take over from April 1 when Akio Toyoda becomes chairman.
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