Certification issues halt select shipments at Toyota (TM)
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/20/2026
Go back to Certification issues halt select shipments at Toyota (TM)
January 29, 2024 3:32 AM EST
By Daniel Leussink
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.
Toyota, the world's biggest automaker by sales, has been separately seeking to resolve a case of... More
January 28, 2024 3:46 AM EST
Morgan Stanley analyst Shinji Kakiuchi reiterated an Equalweight rating and JPY3,000.00 price target on Toyota Motor (7203:JP) (NYSE: TM).
...
More
