Toyota Motor Corporation (TMC) has announced the passing of its former-President Tatsuro Toyoda. He was 88 when he died due to Pneumonia last December 30, 2017.
Tatsuro Toyoda played a huge role in the brand’s global expansion. In 1984, he was appointed President of Toyota’s 1st American factory based in California, in partnership with General Motors Corporation (GMC), under New United Motor Manufacturing, Inc. (NUMMI). He was also appointed as the 7th President of Toyota, where he served from 1992 to 1995.
A private vigil and funeral was held by his close relatives and wife Ayako Toyoda. TMC will be holding a farewell gathering for Mr. Toyoda at a later date.
Only 150 units will be sold.
It will boost engine production from 30,000 to 100,000 units per year.
Passenger cars and commercial vehicles are big sellers