Toyota Affiliate Held Responsible For Fudging Emissions Data From At Least 2003, Investigation Finds - Toyota Motor (NYSE:TM), Hino Motors (OTC:HINOY)

A Toyota Motor Corp TM affiliate doctored emissions data on some engines dated back to at least 2003, more than a decade earlier than previously indicated, Reuters reports quoting a probe.
The investigative committee tasked by truck and bus maker Hino Motors Ltd HINOY attributed the scandal to an environment where engineers failed to challenge superiors.
Hino set up the committee after it admitted to falsifying data related to emissions and fuel performance of four engines.
The results detailed an oppressive atmosphere where it was difficult for staff to feel "psychological safety."
Hino's President, Satoshi Ogiso, apologized and promised a new corporate governance system within three months.
Hino has recalled close to 47,000 vehicles made between April 2017 and March 2022 and looked to recall a further 20,900.
In 2018, Mazda Motor Corp MZDAY, Suzuki Motor Co SZKMY, and Yamaha Motor Co, Ltd YAMHY came under the scanner for improperly testing vehicles for fuel economy and emissions.
Subaru Corp FUJHY and Nissan Motor Co, Ltd NSANY were held for the same reason the year before.
Toyota recently shared plans to commercialize light-duty fuel cell electric trucks in partnership with Hino and others.
Price Action: TM shares closed higher by 2.57% at $166.77 on Monday.
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