Key facts
- Hiroshi Okuda, former Chairman and President of Toyota Motor Corp., has died.
- He died at the age of 93.
- Okuda was instrumental in Toyota's global expansion.
- He was involved in the development of the Prius.
- Okuda led Toyota's strategic shift towards international production.
- He chaired the Keidanren business lobby.
Hiroshi Okuda, who previously held the positions of Chairman and President at Toyota Motor Corp., has passed away at the age of 93. Okuda is recognized for his significant contributions to Toyota's global expansion, a strategic initiative that saw the company increase its international production capabilities. He was also instrumental in the development of the Toyota Prius, a groundbreaking hybrid vehicle. Beyond his leadership at Toyota, Okuda also chaired the Keidanren, a prominent Japanese business lobby group, further cementing his influence in the automotive and broader business sectors.