Ford CEO Jim Farley sat down for a new edition of Yahoo Finance's Opening Bid podcast, sharing why the auto giant has spent $1 billion to rebuild a Detroit landmark and why he remains bullish on EVs.
TOKYO (Reuters) -Japanese transport ministry officials launched an on-site investigation at Toyota Motor's headquarters on Tuesday after irregularities were found in its applications to certify certain vehicle models. The widening fallout over certification tests stems from a safety test scandal at Toyota's Daihatsu compact car unit and has also ensnared other Japanese automakers after the ministry ordered industry-wide checks of certification practices. Toyota, Mazda, Honda, Suzuki and Yamaha Motor said they had submitted either flawed or manipulated data when applying for certification of vehicles.
TOKYO (AP) — Toyota Chairman Akio Toyoda apologized Monday for massive cheating on certification tests for seven vehicle models as the automaker suspended production of three of them.