Reuters has reported that former Toyota Motor Corp. President Tatsuro Toyoda, died Saturday at the age of 88.
Toyoda is credited with helping the Japanese automaker become a global industrial power in the early 1990s. He was the son of the company’s founder, Kiichiro Toyoda.
In the 1980s and 1990s, he took a major role in Toyota’s international expansion and led the company from 1992 to 1995 as the automaker accelerated its global expansion, according to Reuters.
Toyoda stepped down as company president in 1995. Toyota said in a short statement that Toyoda died of pneumonia on Dec. 30. He is survived by his wife, Ayako Toyoda.
