Akio Toyoda is about to step down as president of the Japan Automobile Industry Association and has been re-elected for six years.

CTOnews.com, November 22, the Japan Automobile Industry Association announced today that the current president of the association, Akio Toyoda, will step down at the end of this year, after which the current vice president of the association, chairman of Isuzu Motor and CEO Katayama will take over the next chairman. the appointment will take effect on January 1, 2024.

CTOnews.com noted that Akio Toyoda, who briefly served as president of the Japan Automobile Industry Association from 2012 to 2014, was re-elected in May 2018 and has been re-elected for six years. It is worth mentioning that prior to this, the presidents or chairmen of the Japanese "Big three" (Toyota, Honda and Nissan) were held alternately every two years.

According to public data, the Japan Automobile Industry Association (JAMA) is regarded as the representative of the Japanese automobile industry. The association was established in 1967 and headquartered in Tokyo. It was formed by the merger of its predecessor, the Automobile Industry Association and the Japan small Automobile Industry Association, and merged the Automobile Industry Revitalization Association and the Automobile Industry operators Union in 2002.

At present, the Japan Automobile Industry Association is composed of 14 production enterprises, and its members cover 14 production enterprises that produce passenger cars, trucks, passenger cars, motorcycles and other motor vehicles in Japan, including Toyota, Honda, Nissan, Mazda, Mitsubishi, Suzuki, Isuzu, Subaru, Hino, Daihatsu, Mitsubishi Fusang truck, Yamaha engine, UD truck, Kawasaki.