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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.
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 ...
The fire started before dawn on February 1, 1997, at Aisin Seiki Co.'s Factory No. 1 in Kariya, Japan. [1] The cause of the fire was reportedly unknown. [1]The factory produced brake fluid proportioning valves (P-valves) which help prevent skidding by controlling the pressure on rear brakes, and are used in the braking system of all Toyota vehicles.
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 ...
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]
In June 1947, GHQ approved the production of up to 300 passenger cars under 1500 cc per year, so he started to work on passenger car production from this day officially. [7] In October 1947, the first Japanese passenger car after the war, the SA model with an S engine, was released [ 3 ] [ 2 ] and was nicknamed "Toyopet."
U.S. officials announced a $1.6 billion deal with Toyota's Hino Motors unit to settle charges it deceived regulators about the amount of emissions spewed by its diesel engines.
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]