Daihatsu revamps its management system; reform of development system and organizational culture is an issue. President Soichiro Okudaira and Chairman Jun Matsubayashi will be retiring from their positions on the 1st of next month.
Masahiro Inoue, Toyota Motor Corporation's Central and South America Division General Manager, will be appointed as his successor. Toyota President Tsuneharu Sato stated at a press conference on the 13th that Daihatsu's business domain will be defined as a company centered on light vehicles.