By on September 17, 2013

149551-500-0

Toyota Motor Corp. said in a statement that Eiji Toyoda, the man responsible for growing Toyota into a global powerhouse, died today. Toyoda had just turned 100 years old last week. The cause of death was listed as heart failure. Toyoda was a cousin of Kiichiro Toyoda, the founder of Japan’s largest car company and he took over management of the family business in 1967 and served as president until 1982, when Toyota Motor Co. and Toyota Sales were merged and he became chairman of the combined corporation, holding that position until 1992.
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