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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, based in Toyota city, central Japan, stuck to its full fiscal year forecast for a 3.57 trillion yen ($23 billion) profit, down from 4.94 trillion yen racked up the previous fiscal year.
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 ...
Toyota do Brasil Ltda. São Bernardo do Campo, São Paulo – Corolla & Hilux parts. Production of Land Cruiser Bandeirantes started in 1958 (first plant outside Japan). Vehicle production ended in 2001. Shut down in 2023. [27] Indaiatuba, São Paulo – Corolla saloon. Production started in 1998. [28] Shut down in 2024. [29]
The factory's first car, a Carina E, rolled off the production line on 16 December 1992. [3] The first Carina E to be built in the factory is preserved in the British Motor Museum. [4] [failed verification] Another Carina E built at the factory clocked up 560,000 miles by November 2019 after being purchased new twenty-two years earlier. [5]
The Tundra was initially hailed as a revolutionary step forward for Toyota Trucks, winning the Motor Trend Truck of the Year award in 2008; [9] however the vehicle's reputation was marred by a recall of 15,000 units due to a mistake made by a supplier of a rear propeller shaft. [10]
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Toyota later became the first significant shareholder in 1967 and then later garnered a majority stake in the company at 51.4 percent in 1998. In 2016, Toyota took full control of Daihatsu ...