Toyota founder’s grandson steps down as president

Experts noted that Akio Toyoda for 14 years as head of Toyota has strengthened the position of an already powerful concern. Under his leadership, the company in 2019 set a historical record for the annual production of Toyota and Lexus – 9,053,517 units. Under Akio, modular platforms were introduced, which made it possible to make the widest possible range of mutually unified cars, which made it possible to increase the concern’s profit.