Certification issues halt select shipments at Toyota (TM)
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Toyota halts shipment of some vehicles over certification issues
January 29, 2024 3:32 AM ESTBy 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
Morgan Stanley Reiterates Equalweight Rating on Toyota Motor (7203:JP) (TM)
January 28, 2024 3:46 AM ESTMorgan Stanley analyst Shinji Kakiuchi reiterated an Equalweight rating and JPY3,000.00 price target on Toyota Motor (7203:JP) (NYSE: TM).
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