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Maroc Maroc - NEWMOBILITY.NEWS - A La Une - 20/Jun 12:01

Akio Toyoda re-elected as TMC chairman but facing growing criticism

Toyota Motor Corporation’s chairman, Akio Toyoda, and nine other members of the automaker’s board were re-elected at an annual general meeting on Tuesday. Shareholders finally shrugged off concerns about governance and certification test scandals. Two leading proxy advisers had recommended against Toyoda’s re-election. But his re-appointment was widely expected, given the automaker’s shareholdings owned by other Toyota group firms, record business results, and his popularity among Japanese retail investors. Continue reading at newmobility.news.

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