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.
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. Daihatsu ’s top posts would be replaced and its operations abroad would folded into Toyota ’s oversight, Toyota CEO Koji Sato said Tuesday.
A new leadership structure for Daihatsu will be announced in April, Inoue said. “For Daihatsu to be reborn as the company it was meant to be, this is what we believe is necessary,” Sato told reporters. An internal probe followed by a government raid of Daihatsu’s headquarters led to a weeks long suspension of domestic production, and a revocation of certification for several model
Toyota Daihatsu Leadership Scandal Certification CEO Operations Probe
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