Japan Demands Auto Industry Probe as Scandals Rile Toyota Units [BNN Bloomberg (Canada)]
TOYOTA INDUS CRP UNSP/ADR (TYIDY)
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Source: BNN Bloomberg
Transport Minister Tatsuo Saito directed domestic carmakers to conduct internal probes for any misconduct, including attempts to skirt certification tests, and to report their findings by the end of April. “These scandals have damaged trust in Japan's safety regulations,” Sato said Thursday, adding that a committee will be established to reexamine Japan's vehicle regulations. “It's regrettable, given it could lead to a crisis of faith in the country's manufacturing industry.” The ministry also issued a corrective order to Toyota Industries Ltd. for manipulating power output figures for a few of its diesel engines types. Certification was revoked for three of its engine types after ministry officials conducted onsite inspections of the company's offices, as well as those of Toyota and Hino Motors Ltd. Daihatsu Motor Co., another Toyota unit, was given the same order last month following revelations that its vehicles had not been properly tested for collision safety. On Tuesday
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