Explore Business Standard
Toyota Lexus
Premium
Market reaction to Toyoda's announcement was muted - the automaker's stock price was little changed on Friday
 "Akio Toyoda set to remain a force at Toyota, even as he bows out as CEO")
Premium
The succession announcement was broadcast on a webcast through the automaker's Toyota Times channel
 "Lexus chief executive to take over Toyota as founder's grandson quits")
)
Premium
He also says that Lexus would not run after volumes
 "We are not an expensive version of Toyota: Yoshihiro Sawa")
Top-end SUV LX450d also unveiled, along with fifth-gen Lexus LS, which will be on sale next year
 "Toyota drives in 3 Lexus models to India; top price: Rs 1.09 cr")