toyota announces new executive to lead brazil operations

<div id="block-onix-highlight-onix-highlight-article-header" class="block block-onix-highlight first odd" style="margin-bottom: 1.5em; color: rgb(0, 0, 0); font-family: Verdana, Tahoma, 'DejaVu Sans', sans-serif; font-size: 16px; line-height: 24px; background-color: rgb(255, 255, 255);"><div class="header-sections-wrapper" style="text-align: center;"><h2 class="header-sections" style="font-size: 19px; line-height: 1em; margin: 0px; font-family: StagWeb-Medium, sans-serif; font-weight: normal; color: rgb(196, 14, 36); text-transform: lowercase;"><span style="font-size: 10pt;">(business tODay Sunday 25 December 2016)</span></h2><h2 class="header-sections" style="font-size: 19px; line-height: 1em; margin: 0px; font-family: StagWeb-Medium, sans-serif; font-weight: normal; color: rgb(196, 14, 36); text-transform: lowercase;"><span style="font-family: georgia, 'times new roman', serif; font-size: 18pt; line-height: 48px; font-style: inherit; color: rgb(0, 0, 0);">Toyota announce</span><span style="font-family: georgia, 'times new roman', serif; font-size: 18pt; line-height: 48px; font-style: inherit; color: rgb(0, 0, 0);">s new executive to lead Brazil operations</span><a href="http://www.todayonline.com/sites/default/files/styles/photo_gallery_image_lightbox/public/photos/43_images/2016-12-24T225908Z_1_LYNXMPECBN0CZ_RTROPTP_3_BRAZIL-TOYOTA.JPG?itok=eRLa9wRA" rel="lightbox" title="The Toyota logo is seen at the main entrance of their factory in Indaiatuba. Photo: Reuters" style="font-family: Verdana, Tahoma, 'DejaVu Sans', sans-serif; font-size: 16px; line-height: 24px; outline: 0px; color: rgb(206, 0, 39); text-decoration: underline;"><img typeof="foaf:Image" src="https://img1.daumcdn.net/relay/cafe/original/?fname=http%3A%2F%2Fwww.todayonline.com%2Fsites%2Fdefault%2Ffiles%2Fstyles%2Fphoto_gallery_image%2Fpublic%2Fphotos%2F43_images%2F2016-12-24T225908Z_1_LYNXMPECBN0CZ_RTROPTP_3_BRAZIL-TOYOTA.JPG%3Fitok%3DQg-xgIH9" width="560" height="420" alt="Toyota announces new executive to lead Brazil operations" style="border: 0px; max-width: 100%; height: auto;"></a></h2><h2 class="header-sections" style="font-size: 19px; line-height: 1em; margin: 0px; font-family: StagWeb-Medium, sans-serif; color: rgb(196, 14, 36); text-transform: lowercase;"><span style="color: rgb(85, 85, 85); font-family: Lato, sans-serif; font-size: 9pt; line-height: 18px;">The Toyota logo is seen at the main entrance of their factory in Indaiatuba. Photo: Reuters</span></h2></div></div><div class="authoring full-date" style="color: rgb(153, 153, 153); text-transform: uppercase; font-size: 9px; line-height: 1.3em; font-family: 'Apres RE', sans-serif; float: left; left: 12px; clear: both; margin: 0px; background-color: rgb(255, 255, 255);"><span class="date-label" style="font-style: inherit; font-weight: inherit;"><br></span></div><div class="authoring full-date" style="color: rgb(153, 153, 153); text-transform: uppercase; font-size: 9px; line-height: 1.3em; font-family: 'Apres RE', sans-serif; float: left; left: 12px; clear: both; margin: 0px; background-color: rgb(255, 255, 255);"><span class="date-label" style="font-style: inherit; font-weight: inherit;">PUBLISHED: </span><span class="date-value" style="font-style: inherit; font-weight: inherit;">7:20 AM, DECEMBER 25, 2016</span></div><div class="content" style="clear: left; padding-top: 1px; color: rgb(0, 0, 0); font-family: Verdana, Tahoma, 'DejaVu Sans', sans-serif; font-size: 16px; line-height: 24px; background-color: rgb(255, 255, 255);"></div><div class="authoring" style="color: rgb(153, 153, 153); text-transform: uppercase; font-size: 9px; line-height: 1em; font-family: 'Apres RE', sans-serif; float: left; left: 12px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; orphans: auto; text-align: start; text-indent: 0px; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255);"></div><div class="authoring full-date" style="color: rgb(153, 153, 153); text-transform: uppercase; font-size: 9px; line-height: 1.3em; font-family: 'Apres RE', sans-serif; float: left; left: 12px; clear: both; margin: 0px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; orphans: auto; text-align: start; text-indent: 0px; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255);"></div><p style="margin-top: 10px; margin-bottom: 1.5em; font-family: 'Benton Modern RE', sans-serif; font-size: 14px; line-height: 1.5; color: rgb(0, 0, 0); background-color: rgb(255, 255, 255);">Toyota Motor Corp <7203.T>said on Saturday that a new chief executive officer will lead its Brazil operations beginning Jan. 2. </p><p style="margin-top: 1.5em; margin-bottom: 1.5em; font-family: 'Benton Modern RE', sans-serif; font-size: 14px; line-height: 1.5; color: rgb(0, 0, 0); background-color: rgb(255, 255, 255);">The Japanese carmaker said Rafael Chang would take over the company's largest South American operation. He will replace Koji Kondo, whom the company praised as leading Toyota through difficult years as demand for autos in Brazil has fallen by half in the last four years.</p><div class="teads-inread" style="overflow: hidden; height: 0px; transition: height 0.5s; box-sizing: content-box; color: rgb(0, 0, 0); font-family: Verdana, Tahoma, 'DejaVu Sans', sans-serif; font-size: 16px; line-height: 24px; background-color: rgb(255, 255, 255);"><div style="margin-bottom: 0px !important; position: relative;"><div class="teads-player" id="teads0" style="margin-bottom: 0px !important;"></div></div></div><div class="left " style="float: left; width: 140px; margin-right: 20px; color: rgb(0, 0, 0); font-family: Verdana, Tahoma, 'DejaVu Sans', sans-serif; font-size: 16px; line-height: 24px; background-color: rgb(255, 255, 255);"></div><p style="margin-top: 1.5em; margin-bottom: 1.5em; font-family: 'Benton Modern RE', sans-serif; font-size: 14px; line-height: 1.5; color: rgb(0, 0, 0); background-color: rgb(255, 255, 255);">Toyota, Brazil's fifth-largest automaker by units sold, said Chang, after a stint of leading the carmaker's operations in Venezuela, would help the company expand even more quickly. </p><p style="margin-top: 1.5em; margin-bottom: 1.5em; font-family: 'Benton Modern RE', sans-serif; font-size: 14px; line-height: 1.5; color: rgb(0, 0, 0); background-color: rgb(255, 255, 255);">Toyota had 4.3 percent of Brazil's passenger car market in 2014. Its share is now at 8.8 percent, the company said. <b>REUTERS</b></p>