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Hiroshi Okuda, the former chief executive who transformed Toyota into a dominant force in worldwide automotive markets, died Wednesday, the Japanese automaker confirmed. He was 93 years old. The specific date and circumstances surrounding his death have not yet been disclosed.
Okuda held the position of president and later chairman at Toyota Motor Corp. between 1995 and 2006, spanning a transformative period in the company’s history. During his four-and-a-half decades with the organization, he became closely associated with the 1997 launch of the Prius, a pioneering gas-electric hybrid vehicle that introduced fuel-efficient technology ahead of its time and reshaped industry standards.
A native of central Japan where Toyota maintains its headquarters, Okuda earned a business degree from Hitotsubashi University in Tokyo in 1955. His ascent to the top ranks marked a notable departure from tradition, as Toyota’s leadership had typically come from the founding Toyoda family.
Under Okuda’s direction, Toyota expanded manufacturing operations across North America and Europe while simultaneously boosting the company’s reputation for fuel efficiency. His tenure coincided with Japanese automakers capturing market share from Detroit’s “Big Three”—General Motors, Ford and Chrysler—intensifying trade tensions and driving what became known as “Japan-bashing” sentiment throughout the 1980s.
An accomplished judoka and known for his directness and humor, Okuda emphasized that the automotive sector operated as an interconnected global network. He championed organizational agility and younger management talent, a progressive stance for Japanese corporations at that time, and advocated for continuous improvement through Toyota’s “kaizen” philosophy and just-in-time production methods.
Beyond Toyota, Okuda held leadership roles in major Japanese business organizations, including the Japan Business Federation, the Japan Automobile Manufacturers Association, and the Prime Minister’s Economic Strategy Council. The company stated that family members are making funeral arrangements, with details on a formal public ceremony to be announced at a later date.
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