Toyota Motor has chosen Masahiro Inoue to restore leadership at Daihatsu Motor after the unit became entangled in a vehicle certification scandal.
Inoue, the CEO of Toyota Latin America, will replace Soichiro Okudaira effective March 1, the companies said in a joint statement Tuesday.
Daihatsu’s top posts would be replaced and its operations abroad would folded into Toyota’s oversight, Toyota CEO Koji Sato said Tuesday. A new leadership structure for Daihatsu will be announced in April, Inoue said.