Toyota Motor Corporation (TMC) has recently announced the passing of former TMC president, Tatsuro Toyoda. The Japanese automaker said that the late Toyoda succumbed to pneumonia last December 30 at the age of 88.
Tatsuro Toyoda is the son of Kiichiro Toyoda, the founder of TMC, and brother to Shoichiro Toyoda. Furthermore he is the uncle of current TMC president, Akio Toyoda. Tatsuro Toyoda took over the position of president after his brother stepped down back in 1992.
During his time, Toyoda was credited for helping make the company become the global power it was in the 1990s, expanding global operations. Prior to leading the company, he also played a big part of setting up a joint venture with General Motors back in 1984 called the New United Motor Manufacturing Inc. (NUMMI) plant established in California.
He also served as NUMMI's first president. The plant served as Toyota's first experiment into production in the United States. Toyoda's succcess with the venture is said to have paved the way to Toyota's production into the US.
Toyoda stepped down as company president in 1995 and was succeeded by Fujio Cho. A private vigil and funeral has been held by close relatives of the late Tatsuro Toyoda. He is survived by his wife, Ayako Toyoda. The company plans to hold a farewell gathering at a later date.