Toyota Replaces Daihatsu Chief Okudaira After Safety Scandal
- Masahiro Inoue to replace Okudaira effective March 1
- Toyota looks to rebuild trust following regulatory issues
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Toyota Motor Corp. has chosen Masahiro Inoue to restore leadership at Daihatsu Motor Co. after the unit became entangled in a vehicle certification scandal.
Inoue, the CEO of Toyota Latin America, will replace Soichiro Okudaira effective March 1, the companies said in a joint statement Tuesday.