Toyota executives, dealers laud promotion of Lexus chief Koji Sato to CEO

Sato, left, and Toyoda, right, can often be seen together at events. — Toyota's new CEO Koji Sato, left, with Akio Toyoda.

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From staff reports

January 26, 2023 08:08 PM

Toyota Motor Corp.'s promotion of Lexus chief Koji Sato to CEO of the world's largest automaker early Thursday was not a surprise to those who follow the company. And the move of longtime CEO Akio Toyoda to chairman also was anticipated.

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