Toyota Makes a Change at the Top as a Toyoda Steps Aside Akio Toyoda, who has been reluctant to embrace all-electric vehicles, will be succeeded as C.E.O. by a Lexus executive.

Akio Toyoda, the chairman of Toyota, at a news conference this month. On Tuesday, he was re-elected as the company’s chairman. Yuichi Yamazaki/Agence France-Presse — Getty Images ...

FILE - Toyota Motor Corp. Chief Executive Akio Toyoda, right, and Koji Sato, Toyota Gazoo Racing Company president, left, pose on the stage at the Tokyo Auto Salon, an industry event similar to ...