Toyota issues update on test-rigging prevention measures [Yahoo! Finance]
TOYOTA INDUS CRP UNSP/ADR (TYIDY)
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Source: Yahoo! Finance
Japan's Ministry of Land, Infrastructure, Transport and Tourism (MLIT), detailing the group's progress to-date in the introduction of measures to prevent the recurrence of certification “irregularities,” in line with the correction order issued by the ministry. Toyota is obliged to report on the status of implementation of the measures every quarter, following a number of emissions and safety test-rigging scandals in the last few years involving multiple production models at its Daihatsu Motor, Hino Motors, and Toyota Industries Corporation subsidiaries. Toyota said it has introduced a five-stage internal qualification system in response to the points raised by the MLIT, with the aim of maintaining quality at vehicle certification test sites and ensuring that the relevant staff have the appropriate skills, as it looks to prevent any future recurrence of irregularities in tests to obtain type approval for mass production models. Toyota confirmed that it has strengthened its struc
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