Toyota Motor Corporation CEO and president Akio Toyoda, who championed the revival of Gazoo Racing, is poised to step down this April. The 66-year-old businessman is the grandson of Toyota’s founder, Kiichiro Toyoda. He made this sudden announcement following news that Toyoda will become the Japanese automaker’s new chairman of the board of directors. Koji Sato, who is also Toyota's Chief Branding Officer, is set to take over the CEO reins. This ...

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