Toyota names new CEO, hikes profit forecasts

Current finance chief Kenta Kon will take over from chief executive Koji Sato on April 1 after three years in charge, the firm said. "This change in roles is intended to accelerate management decision-making in response to changes in the internal and external environment," Toyota said. The move would also help "establish a structure that will enable Toyota to fully carry out its mission of contributing to society through industry", it added. The announcement came as the firm expects to see net...