04.06.2024 23:07:13 - dpa-AFX: Toyota, Other Japanese Carmakers Admit Certification Irregularities

TOKYO (dpa-AFX) - The Japanese Ministry of Land, Infrastructure, Transport
and Tourism found that Toyota (TM) and four other automakers - Mazda (MZDAF.PK),
Yamaha (YAMHF.PK), Honda (HMC), and Suzuki (SZKMF.PK) were falsifying
certification tests and were 'guilty of fraud'.

Further, the transport ministry noted that Toyota submitted faulty data during
pedestrian-safety tests for three current models - the Corolla Fielder, Corolla
Axio and Yaris Cross, and used modified test vehicles during collision-safety
tests for four past models.

Meanwhile, Mazda had rewritten its engine control software to affect output
testing, and faked crash tests. Yamaha and Honda submitted fake noise tests,
while Suzuki manipulated braking system test results.

The irregularities were revealed during the Japanese government's ongoing
investigation, following this the authorities ordered the offending
manufacturers to suspend shipments of all vehicles with faulty certifications.

Responding to the ministry's findings, Toyota Chairman Akio Toyoda expressed
regret by bowing deeply and saying that, 'As the person responsible for the
Toyota Group, I would like to extend my sincere apologies . I am truly sorry.'
He added that the company is moving in the correct direction, aiming to get on
the right side of the automotive regulators.

'These efforts will need to be done steadily and will take time, but I will go
to the factory floor myself and take responsibility for their progress,' Toyoda
assured.

Also, Honda apologized for tests irregularities in older models - the Accord,
Odyssey and Fit, while Mazda halted production of two models - the Roadster and
Mazda 2.



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
HONDA MOTOR 853226 Frankfurt 9,868 28.06.24 08:04:48 +0,040 +0,41% 9,860 10,080 9,868 9,828
SUZUKI MOTOR 857310 Frankfurt 10,645 28.06.24 08:04:49 +0,035 +0,33% 10,635 10,850 10,645 10,610
TOYOTA MOTOR CORP. 853510 Frankfurt 19,260 28.06.24 16:57:52 +0,266 +1,40% 18,908 19,248 18,910 18,994
MAZDA MOTOR CORP 854131 Frankfurt 8,980 28.06.24 15:29:01 +0,056 +0,63% 8,962 9,240 8,954 8,924
YAMAHA CORP. 855314 Frankfurt 22,000 28.06.24 11:07:31 -0,140 -0,63% 21,780 21,960 21,800 22,140

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH