Toyota says TICO to temporarily suspend shipments of certain engines

Toyota Industries Corporation, or TICO, reported to Toyota Motor Corporation, which had commissioned TICO to develop diesel engines for automobiles, that it received a report from the special investigation committee chaired by Mr. Hiroshi Inoue that was commissioned to investigate potential irregularities of certification regulations related to inappropriate domestic emissions certification of engines for forklifts and construction machinery. “The investigation found that irregularities occurred during the horsepower output testing for the certification of three diesel engine models for automobiles that Toyota had commissioned to TICO… Based on the results of the investigation, TICO decided today to temporarily suspend shipments of the affected engines. Toyota has also decided to temporarily suspend shipments of vehicles equipped with the affected engines. Going forward, we will provide detailed explanations to the authorities and promptly proceed with appropriate measures, including conducting testing in the presence of witnesses if appropriate,” the company stated.