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Stock impact report

Toyota Industries faces crackdown for engine emissions cheating - Nikkei [Reuters]

TOYOTA INDUS CRP UNSP/ADR (TYIDY) 
NASDAQ:AMEX Investor Relations: toyota-industries.com/investors
Company Research Source: Reuters
units for cheating engine emissions tests, including possibly withdrawing certification for some engine types, news agency Nikkei reported on Monday. The ministry will order Toyota Industries (6201.T) , opens new tab , the world's largest manufacturer of forklift trucks, to take steps to prevent a "recurrence of the misconduct", the report said, citing people familiar with the matter. Ad Break Coming Up NEXT Stay Next Off English 180p 288p 360p 480p 540p 576p 720p HD 1080p HD Auto (180p) About Connatix V431455 About Connatix V431455 Skip Ad Continue watching after the ad Visit Advertiser website GO TO PAGE Toyota did not immediately respond to a Reuters' request for comments. Toyota Industries, which also makes cars, textiles and electronics, may lose certification for an excavator engine, the report said. The ministry appears to be preparing similar action over two forklift engine models, it added. "The regulator will weig Show less Read more
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