Toyota Financial Announces Executive Leadership Appointments
PLANO, Texas — Toyota announced several executive changes across its North American operations, including within Toyota Financial Services (TFS).
The automaker named Scott Cooke group vice president and chief risk officer at TFS, where he will be responsible for risk management across the company’s Americas region, dealer credit, and information security.
The company also named Cindy Wang group vice president of treasury for TFS. She will be responsible for leading the treasury (global and Americans region) and vendor management office business units within Toyota Motor Credit Corp.
The automaker also announced appointments at Toyota Motor Manufacturing, Kentucky, Toyota Motor Manufacturing, Mississippi, and within its product quality and service support team in Plano.
“These appointments will bring new insights into strengthening Toyota’s ability for more collaboration enterprise-wide, helping us respond more quickly to the market and our customers’ needs,” said Toyota Motor North America CEO Jim Lentz.
More Industry
Global Consumer Trends Diverge
Price remains a top consideration for U.S. car buyers, and they are the most brand-loyal consumers to established automakers, according to a new survey.
Read More →
Badger State Dealership Gets New Owner
The longtime southern Wisconsin store moved from one area auto group to another, keeping the business in Dairyland.
Read More →
The Cycle of Negative Equity
Third-quarter data shows consumers still rolling over debt and stretching loan terms, raising their risk of remaining underwater.
Read More →
Charger Network Growth Slows
Despite a projected increase in public EV chargers in 2026, charging infrastructure remains a top concern for consumers as the gap between the most and least EV-friendly places remains substantial.
Read More →
Lenders, Consumers Take on More Auto Loan Risk
September records loosened credit access the most in over a decade as buyers took advantage of the conditions to afford trading, though loan applications fell.
Read More →
Next-Gen Hybrids in Sight
Dealerships can expect to see revamped hybrids from Honda next year as the company rolls out a new system and model lineup.
Read More →
Gem State Stores Change Hands
A larger auto group founded in the industry’s early years sold two franchises to a neighbor group that's on a growth spurt.
Read More →
Charging In Motion
Honda has been researching wireless in-motion charging for electric vehicles since 2025, and new technology developments have put it a step closer to a final product.
Read More →
Twin Cities Stores Sell
Minnesota-based Walser Automotive Group made what it called the most significant acquisition in its history with a three-rooftop deal in Minneapolis.
Read More →
U.S. Auto Sales Still Below Prepandemic Levels
Mobility Global industry observers don’t expect the market to return to the higher volumes that became routine before Covid but to stay well below its potential.
Read More →