Toyota president to head up JAMA

Kyodo

Toyota Motor Corp. President Akio Toyoda will become the head of the Japan Automobile Manufacturers Association in May, the auto manufacturing lobby said Thursday.

Nissan Motor Co. Chief Operating Officer Toshiyuki Shiga, the current JAMA chief, said Toyoda will succeed him following a general meeting to be held May 17.

Top officials of Toyota, Nissan and Honda Motor Co. have held the two-year term at JAMA on a rotational basis.

JAMA on Thursday also released estimates for domestic vehicle demand for fiscal 2012 starting in April. It is projecting that demand, including for trucks and buses, will rise 1.9 percent from the current business year to 4.8 million units.