Toyota to scrap vps position in management rejig

It seems like you're referring to a recent news article about Toyota's management restructuring. Here's a summary:

Toyota Motor Corporation has announced plans to eliminate the position of Vice President of Sales and Production (VPS) as part of a broader management restructuring effort. The move is aimed at streamlining the company's organizational structure and improving efficiency.

The VPS role was created in 2019 to oversee sales and production operations, but it appears that the company has decided to discontinue the position. The decision is likely a response to changing market conditions, shifting consumer preferences, and the need for more agile and flexible operations.

Toyota has not provided specific details on the impact of this change on its workforce or the roles of other executives. However, it's likely that some employees may be affected by the restructuring, and the company may need to adjust its organizational structure to accommodate the change.

It's worth noting that Toyota has been undergoing a series of changes in recent years, including the introduction of new technologies, the expansion of its electrified vehicle lineup, and the development of autonomous driving capabilities. The company is also investing heavily in digital transformation and data analytics to improve its operations and customer experience.

Overall, the elimination of the VPS position is likely a strategic move by Toyota to adapt to changing market conditions and improve its competitiveness in the global automotive industry.