Japanese transport ministry officials enter Toyota Motor Corp’s headquarters for an on-site investigation over certification irregularities in Toyota, central Japan, June 4, 2024. [Photo/Agencies] A vehicle safety test scandal in Japan widened on Monday, as five local carmakers were found to have submitted incorrect or manipulated data when they applied for certification of some of … Continue reading Japanese carmakers found to cheat in safety tests
Tag: toyota
Investments forecast to hit profits at Toyota
Toyota showcases its electric car at the second China International Import Expo in November. [Photo by Li Fusheng/China Daily] Toyota Motor forecast a 20 percent profit decline in the current financial year on Wednesday, citing looming investment in both its suppliers and strategy after it delivered blockbuster fourth-quarter earnings. Despite the leaner forecast, the results … Continue reading Investments forecast to hit profits at Toyota
Crisis or opportunity: traditional automakers in EV race
A BYD vehicle on display during an expo in Paris, France. [Photo/Xinhua] Editor’s note: The following article is the result of joint efforts of the Beijing Municipal People’s Government Consultation Office and the Cloud River Urban Research Institute. Delving into the changing global auto industry landscape, the article analyzes the challenges facing established automakers like … Continue reading Crisis or opportunity: traditional automakers in EV race
Pony.ai’s JV with Toyota to spur robotaxi development
A Level-4 concept vehicle codeveloped by Pony.ai and Toyota is shown at the Beijing auto show that runs from April 25 to May 4, 2024. [Photo by Li Fusheng/chinadaily.com.cn] Autonomous driving firm Pony.ai has set up a partnership with Japanese carmaker Toyota and its Chinese joint venture GAC Toyota, which is expected to speed up … Continue reading Pony.ai’s JV with Toyota to spur robotaxi development