Toyota NZ’s head resigns

AutoExec Summary
Neeraj Lala, CEO of Toyota New Zealand (TNZ) for the past four years and with the company for 26 years, has resigned effective immediately. Tatsuya Ishikawa, currently TNZ’s vice president, will serve as acting CEO. Lala has been instrumental in guiding Toyota through the COVID-19 pandemic, global supply issues, and introducing new electrified products. In his resignation statement, Lala expressed pride in his long tenure and achievements, including maintaining Toyota’s market leadership and advancing clean energy initiatives. He believes now is the right time to transition and explore new interests, confident that Toyota is well-positioned for future success.

Brands mentioned: Toyota