Toyota Industries Corporation (TYIDF)
- Reuters
Toyota cheated on forklift engine emissions, lawsuit in US claims
Toyota has been sued in a proposed U.S. class action accusing the Japanese automaker of emissions cheating in nine engines for its forklift trucks. A complaint was filed by forklift purchasers on Sunday night in San Francisco federal court against Toyota and its affiliate Toyota Industries, the world's largest maker of forklift trucks. It came after an internal Toyota probe found in January that the company sometimes made software changes or substituted different engines in emissions tests, enabling forklifts to perform better there than in the real world.
- Reuters
Toyota Industries faces crackdown for engine emissions cheating - Nikkei
The ministry will order Toyota Industries, the world's largest manufacturer of forklift trucks, to take steps to prevent a "recurrence of the misconduct", the newspaper reported, citing people familiar with the matter. Toyota did not immediately respond to a Reuters' request for comments. Toyota Industries, which also makes cars, textiles and electronics, may lose certification for an excavator engine, the report said.
- Associated Press Finance
Japanese officials raid a Toyota group plant after the company admitted cheating on engine testing
Japanese transport officials raided a Toyota-affiliated plant Tuesday after the company admitted to cheating on engine testing, as Toyota Motor Corp. reported it sold over 11 million vehicles in 2023 to retain its status as the world’s top car manufacturer. Hours after the probe began at Toyota Industries Corp.'s plant in Hekinan, Aichi Prefecture, central Japan, Toyota Chair Akio Toyoda vowed to steer the company out of scandal and ensure the Japanese automaker's group companies stick to “making good cars.” “My job is to steer the way for where the overall group should go,” Toyoda said.
