Toyota Taps Former Secretary as New CEO Amid Competition and Tariffs
ByAinvest
Friday, Feb 6, 2026 4:34 pm ET1min read
TM--
Toyota has appointed Kenta Kon as its new CEO, replacing Koji Sato. Kon, 57, was previously the company's CFO and head of accounting. He was also Toyoda's personal secretary for almost a decade. Kon's appointment comes at a time of increasing competition and pressure from US import tariffs, and he has vowed to focus on profitability. He is set to take over in April.

Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue

Comments
No comments yet