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Toyota Chairman Akio Toyoda apologized Monday for massive cheating on certification tests for seven vehicle models as the automaker suspended production of three of them. The wide-ranging ...
Toyota, which makes the Camry sedan and Lexus luxury models, apologized and suspended production on some models after acknowledging wide-ranging fraudulent testing, including the use of inadequate ...
(Reuters) -Toyota Motor Corp said it will slash global production for September by 40% from its previous plan, becoming the last major automaker to cut output due to a global chip crunch, but it ...
On August 22nd 2016 the Toyota RAV4 started production as the second model to be produced at the Russia plant. [3] On 1 March 2022, due to the Russian invasion of Ukraine, Toyota announced that their plant will close and all activity will be suspended. [4] On 23 September 2022, Toyota officially closed the TMMR plant. [5]
Toyota's U.S. output was down 11.8%, making a slow recovery although the production of Grand Highlander and Lexus TX SUV models resumed in late October after a four-month stoppage.
Toyota Motor Co. was established as an independent and separate company in 1937. Although the founding family's name was written in the Kanji "豊田" (rendered as "Toyoda"), the company name was changed to a similar word in katakana - トヨタ (rendered as "Toyota") because the latter has 8 strokes which is regarded as a lucky number in East Asian culture. [3]
On 16 March 2014, Toyota Kirloskar Motor temporarily suspended the production at two of its assembly plants in Bidadi, Karnataka whose production capacity was 310,000 units annually and has employee strength of 6,400. Cause for the shutdown was failure to reach an agreement with the union over the issue of wages, deliberate stoppages of the ...
But Toyota suspended production of three models produced by group companies in Japan. Toyota’s stock prices had tripled over the last five years to nearly 3,800 yen ($24) before cascading ...