daihatsu

On Thursday, Japanese carmaker Toyota Motor Corp. (NYSE:TM) said that its production of Toyota and Lexus brand vehicles worldwide rose by about 6% in January, marking the first year-on-year increase in 12 months. What Happened: The company’s worldwide production rose 5.6% to 781,729 units in...

Toyota Motor (NYSE:TM) retained its position as the world’s best-selling automaker in 2024 after reporting 10.8 million sales, marking a dip of 4% from a year ago. What Happened: The dip in sales, the company said, was spurred by a near 20% fall in sales within its home ground of Japan....

In a recent development, Toyota Motor (NYSE:TM) has announced that its internal investigation into car model certification applications has not uncovered any further instances of misconduct, beyond those previously reported last month. What Happened: Toyota has completed a thorough examination of...

Japanese automaker Toyota Motor Corp (NYSE:TM) said on Monday that it would suspend the shipment of 10 vehicle models after its supplier reported certification irregularities with the diesel engines delivered to the automaker. What Happened: The supplier, Toyota...

Japanese automaker Toyota Motor Corp‘s (NYSE:TM) subsidiary Daihatsu has reportedly opted to compensate its 423 domestic suppliers in Japan due to the ongoing production halt. What Happened: Reuters reported that Daihatsu has ceased its production in Japan until the end of the...

Japanese automaker Toyota Motor Corp‘s (NYSE:TM) subsidiary Daihatsu announced on Wednesday the temporary suspension of shipments for all its developed models. This decision follows a recent investigative report exposing safety test manipulations involving approximately 64 models and 3...

Toyota Motor Corp’s (NYSE:TM) subsidiary Daihatsu is reportedly planning to extend production halts amidst an escalating safety test manipulation scandal. The issue now reportedly affects a larger range of models than initially disclosed. What Happened: The safety test manipulation scandal at...