From:Internet Info Agency 2026-11-06 12:30:00
On November 5, Toyota Motor Corporation announced executive personnel changes. Taida Otada, head of the Lexus Sales Promotion Department, will succeed as the new head of Toyota China, while former China head Tatsuro Ueda will transition to Senior Fellow. The new appointments will take effect in January 2027. Taida Otada previously served as deputy general manager of sales at FAW Toyota. Toyota stated that this personnel adjustment is being advanced in sync with the integration process of FAW Toyota and GAC Toyota. The Lexus Shanghai plant will begin production in 2027. Toyota Motor's financial report for the first half of fiscal year 2026 shows year-on-year growth in both revenue and net profit. Previously, FAW Toyota and GAC Toyota completed an equity transfer, with China FAW becoming a strategic shareholder of GAC Group. Toyota stated that FAW Toyota and GAC Toyota will jointly undertake the R&D, procurement, production, and sales functions of the joint ventures, achieving coordinated synergy in product planning, parts procurement, manufacturing, and market channels.

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