Toyota Philippine Chief ends 4-year term
MANILA, Philippines — Satoru Suzuki recently bid farewell to members of the media as he concludes his four-year term as president of local automotive giant Toyota Motor Philippines (TMP).
Suzuki’s term lasted from January 2016 to December 2019, and was marked by a strong resurgence of local parts manufacturing, grassroots motorsports and environmental initiatives, as well as the introduction of key global models to the Philippine market.
The formal press announcement of his departure was attended by TMP chairman Alfred Ty, who led the farewell toast that was joined by over 120 guests from the media.
Suzuki oversaw the CARS Program participation of TMP with the Philippine government, through the All-New Vios model. In 2019 alone, Toyota enjoyed three major launches under his leadership: the Hiace World Premiere, Toyota GR Supra, and All-New Corolla Altis with the Hybrid Electric Vehicle (HEV) variant.
Upcoming projects initiated by President Suzuki include: the P 4.5-billion Luzon Hub, which will revolutionize Toyota’s logistic perations; the Toyota Mobile App to better connect customers with dealers; and expansion to a new business model to explore long-term leasing of vehicles.
The next president of Toyota Motor Philippines will be publicly announced early next year.
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