Toyota chairman to brief on investigation into vehicle certification applications

admin admin | 06-03 16:20

A Toyota spokesperson added that the company is still investigating issues related to vehicle fuel efficiency and emissions, and aimed to complete the inquiry by the end of June.
Toyota Motor said on Monday its chairman would speak about an investigation it has conducted after being prompted by Japan's transport ministry into the company's vehicle certification applications.

Chairman Akio Toyoda will hold a news conference at 0800 GMT on Monday, the company said.

The transport ministry said separately it will conduct an on-site inspection at Toyota's headquarters on Tuesday after saying irregularities were found in model applications from Toyota, Mazda Motor, Yamaha Motor, Honda Motor and Suzuki Motor.

The ministry said it would take strict measures based on its investigation and that it had ordered three companies to suspend shipments of some vehicles.

Toyota said it temporarily halted shipments and sales of three car models made in Japan.

A Toyota spokesperson added that the company is still investigating issues related to vehicle fuel efficiency and emissions, and aimed to complete the inquiry by the end of June.

The company's shares dropped, falling as much as 2.3% in afternoon trading in Tokyo.

Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.


ALSO READ

Hyundai Motor India lists with record IPO, commits to Indian market with new tech and EV plans

As part of its effort to introduce clean mobility solutions for Indian buyers, Hyundai will launch f...

auto | 5 hours ago

Skoda Auto Volkswagen India plants over 7 lakh trees in Maharashtra for ecological restoration

Additionally, SAVWIPL has installed 18.5 MWp of rooftop solar power at its Chakan facility, which of...

auto | 5 hours ago

Mega Corporation launches Lendingo to enhance EV financing solutions

Mega Corporation on Monday announced the launch of a new division, Lendingo. Mega Corporation on Mon...

auto | 5 hours ago

GreenLine accelerates decarbonisation efforts with 1,000 LNG trucks by March 2025

The government in a recent draft policy proposed to convert a third of long-haul trucks into LNG pow...

auto | 5 hours ago

Remsons Industries acquires 51% stake in BEE Lighting to enhance automotive lighting solutions

Established in 2006, BEE Lighting specialises in automotive headlamps, rear lamps, and various exter...

auto | 5 hours ago

EV Recharge partners with ZEVO for mobile EV charging solutions

EV Recharge’s technology can charge vehicles from 0% to 80% in just 20 minutes, a significant improv...

auto | 5 hours ago