Toyota Motor Corp.'s newly named president, Fujio Cho, 62, says his most memorable job was building Toyota's Georgetown, Kentucky, U.S.A. plant from scratch. “When I went to the United States, there was nothing,” he tells a Japanese reporter. Cho succeeds his longtime associate, Hiroshi Okuda, who will remain influential as the company's chairman. The executive change becomes official at a June board meeting. Okuda says Cho is well-suited to lead Toyota through today's turbulent times, ...

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