Toyota completed its vehicle certification investigation and found no new violations
AshleyJul 08, 2024, 12:09 PM
On July 5, Toyota stated in a declaration that, apart from the irregularities reported last month, the company has not found any new irregularities in its vehicle certification applications. After completing the investigation of the certification process of all domestically produced models in the past 10 years, it has reported the investigation results to the Japanese Transportation Department.
In early June, Toyota and four other car manufacturers admitted that they had submitted defective or manipulated data when applying for vehicle certification. In response, Toyota recalled the affected vehicles, modified the software and testing programs, and paid the corresponding fines. After the safety test scandal broke out, the Japanese Transportation Department ordered the industry-wide check of certification practices, and subsequent investigations were conducted by these companies. The car manufacturer has now completed the investigation because it initially needed more time to investigate issues related to vehicle emissions and fuel efficiency during its certification application period.
After the scandal broke out, Toyota shareholders' support for its Chairman Akio Toyoda slid to a historic low of 72% at its annual shareholder meeting, as two proxy advisors suggested voting against Toyoda's re-election for corporate governance considerations.
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