Toyota's Abrupt CEO Switch Signals Big Spending To Keep Up With AI And Chinese Rivals
Source: SeekingAlpha
2026-02-11 14:09:46 ET
Three years ago, Koji Sato, a mechanical engineer by training, was tapped for the role of Toyota Motor Corporation ( TM ) President/CEO, replacing Akio Toyoda, grandson of the automaker’s founder. Sato had been leader of the Lexus brand and Toyota’s Gazoo racing subsidiary – a quintessential “car guy.”...
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Toyota's Abrupt CEO Switch Signals Big Spending To Keep Up With AI And Chinese Rivals
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