Toyota Motor to Pick Uchiyamada as Next Chairman, Nikkei Says
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Toyota Motor Corp. will probably pick Takeshi Uchiyamada, who led the development of the Prius hybrid car in 1990s, to replace Fujio Cho as the company’s next chairman, Nikkei reported today, without citing anyone.
Cho, 75, will become a senior adviser, though a final decision will be made at a board meeting in June, Nikkei said. Uchiyamada, currently vice chairman at Toyota, may also become vice chairman of the Keidanren, Japan’s largest business lobbying group, Nikkei said.