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Toyota CEO Akio Toyoda to Step Down in April 2023

Toyota CEO Akio Toyoda to Step Down in April 2023
propakistani.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from propakistani.pk Daily Mail and Mail on Sunday newspapers.

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Akio Toyoda set to remain a force at Toyota, even as he steps aside

"The new appointment is less about a change in direction and more about careful consideration of the best possible way to organise the handover, avoiding disruption and chaos," said Julie Boote, an analyst at Pelham Smithers Associates in London. "It's likely that he'll remain active as chairman for a long time and continue to put his mark on Toyota." At 53, Sato will become one of only a handful of "outsiders" - non-members of the Toyoda family - to have held the top job at an automaker whose position and influence within corporate Japan cannot be overstated.

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Akio Toyoda stepping down as CEO, but will still remain a force at Toyota

Akio Toyoda stepping down as CEO, but will still remain a force at Toyota
iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.

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Akio Toyoda May Have Lost the Job Title, But He's Still the Guy

The former CEO, now chairman's influence and planning may continue to be felt for many years, analysts say.

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Forget holiday car hire – holiday taxis are a much better idea

The cost of holiday car hire has gone through the roof. And the experience can put a damper on your trip. Using taxis is an easier – and cheaper – option, says Merryn Somerset Webb.

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Japan automakers ready to report profit drop

Japan automakers ready to report profit drop
Carmakers worldwide had to adjust or suspend production due to chip shortage
Reuters
May 11, 2021
TOKYO:
While Japan’s biggest automakers report what analysts expect to be depressed earnings this week, investors looking for trading cues will be tuned into any assessment of the future impact of a global chip shortage that has forced a shake-up in production.
Automakers worldwide have had to adjust or suspend production in the past few months as factors including a surge in demand for electronic devices plus US sanctions against Chinese technology firms led to a dearth of semiconductors.

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Chip shortage in focus as Japan automakers ready to report profit drop

Chip shortage in focus as Japan automakers ready to report profit drop
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Chip shortage in focus as Japan automakers ready to report profit drop
FILE PHOTO: The Toyota logo is seen at its booth during a media day for the Auto Shanghai show in Shanghai, China, April 19, 2021. REUTERS/Aly Song
10 May 2021 11:45AM
(Updated:
10 May 2021 12:38PM)
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TOKYO: While Japan's biggest automakers report what analysts expect to be depressed earnings this week, investors looking for trading cues will be tuned into any assessment of the future impact of a global chip shortage that has forced a shake-up in production.

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