Toyota CEO to Step Down as Carmaker Navigates Trump Tariffs

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Why This Matters

Toyota's CEO is stepping down amidst challenges from Trump's tariffs and market share struggles in China, with the CFO taking over as the new CEO.

Market Impact

Market impact analysis based on neutral sentiment with 80% confidence.

Sentiment
Neutral
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Toyota Motor’s chief executive is stepping down after a relatively short term in office that was buffeted by President Trump’s tariffs and struggles to maintain market share in China. Toyota, the world’s largest carmaker, said Koji Sato, 56 years old, would take a new role as vice chairman and focus on his work at industry groups. Chief Financial Officer Kenta Kon, 57, will be promoted to CEO, effective April 1.

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Original article published by Yahoo Finance on February 6, 2026.
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