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Toyota Industries Corporation (6201.T)

12,925.00

+320.00

+(2.54%)

At close: 3:30:00 PM GMT+9

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 3 months ago

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Toyota companies cut stakes in Aisin

Continuing strategy of reducing cross shareholdings among affiliated companies

Just Auto 6 months ago

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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.

Reuters 10 months ago

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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.

Associated Press Finance 11 months ago

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REFILE-UPDATE 1-Toyota remains world's top-selling automaker; chairman apologises over scandals

Toyota Motor retained its crown as the world's top-selling automaker for the fourth consecutive year after posting record annual sales of 11.2 million vehicles in 2023, though its chairman apologised on Tuesday for scandals at three group companies. The Japanese automaker reported a 7.2% jump in global group sales last year, including those at small-car maker Daihatsu and truck unit Hino Motors. Those two subsidiaries and affiliate Toyota Industries have been beset by governance issues involving certification test procedures for cars and engines that could potentially hurt the brand's global reputation for quality and safety.

Reuters 11 months ago

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UPDATE 3-Toyota halts shipment of some vehicles over certification issues

Toyota Motor said it would suspend shipments of some models including the Hilux truck and Land Cruiser 300 SUV after finding irregularities in certification tests for diesel engines developed by affiliate Toyota Industries. A special investigative committee found irregularities during horsepower output testing for the certification of three diesel engine models. Ten models use the affected engines globally, Toyota said, including the Hiace van, Fortuner SUV, Innova multi-purpose vehicle and Lexus-branded LX500D SUV.

Reuters 11 months ago

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Toyota halts shipment of some vehicles over certification issues

TOKYO (Reuters) -Toyota Motor said it would suspend shipments of some models including the Hilux truck and Land Cruiser 300 SUV after finding irregularities in certification tests for diesel engines developed by affiliate Toyota Industries. A special investigative committee found irregularities during horsepower output testing for the certification of three diesel engine models. Ten models use the affected engines globally, Toyota said, including the Hiace van, Fortuner SUV, Innova multi-purpose vehicle and Lexus-branded LX500D SUV.

Reuters 11 months ago

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Performance Overview

Return	6201.T	Nikkei 225
YTD	+0.47%	-0.62%
1-Year	+4.20%	+8.48%
3-Year	+53.81%	+44.05%

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Toyota Industries Corporation (6201.T)

Toyota cheated on forklift engine emissions, lawsuit in US claims

Toyota companies cut stakes in Aisin

Toyota Industries faces crackdown for engine emissions cheating - Nikkei

Japanese officials raid a Toyota group plant after the company admitted cheating on engine testing

REFILE-UPDATE 1-Toyota remains world's top-selling automaker; chairman apologises over scandals

UPDATE 3-Toyota halts shipment of some vehicles over certification issues

Toyota halts shipment of some vehicles over certification issues

Performance Overview