Deep in the certification scandal, Akio Toyoda is still elected as Toyota Motor Chairman

According to news on June 19, at Toyota Motor Corporation’s shareholders’ meeting held on Tuesday, shareholders expressed their support for the company’s various proposals by voting, including a resolution in favor of Akio Toyoda continuing to serve as chairman of the board of directors (chairman) . Although Toyota did not disclose the specific figures of the vote in detail, it has confirmed that the majority of shareholders agreed with this position.

The shareholders’ meeting was held at the headquarters in Toyota City and attracted widespread attention from all walks of life. The reason is that Toyota and several other important Japanese automakers have recently been involved in vehicle identification test fraud scandals. This incident not only damaged Toyota's reputation, but also caused a huge shock in the entire automobile industry.

At this meeting, Toyota's senior executives repeatedly apologized to shareholders for the falsification of vehicle test data. CEO Tsuneji Sato apologized again at the meeting and sincerely answered multiple questions from shareholders about violations. He acknowledged that the company had mass-produced and sold cars "without going through a formal homologation process," and expressed deep remorse about this. At the same time, Sato Tsuneji also emphasized that the company is currently working hard to promote fundamental reforms in the company's internal culture with Akio Toyoda at its core. Faced with increasingly complex certification procedures, he promised to adopt diversified measures to reduce future violations.

So far, Japan’s Ministry of Land, Infrastructure, Transport and Tourism has issued self-examination instructions to 85 automobile production companies, including Toyota, due to multiple violations during the vehicle model certification process. As of the end of May, it has been confirmed that five well-known car manufacturers including Toyota, Mazda, Yamaha, Honda Giken Industry and Suzuki have committed fraud in vehicle performance tests. In this regard, Japan's Ministry of Land, Infrastructure, Transport and Tourism will launch a further investigation in accordance with the law.

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