Toyota
Profile
Toyota makes and sells more cars than almost any other manufacturer in the world. Founded in 1937, the company has been investigated for a number of safety defects such as unintended acceleration in certain vehicle models, use of sub-standard metal components, installation of faulty airbags, and seatbelt failures. It paid out a fine of $1.2 billion in 2014 to the U.S. for hiding information about acceleration problems from buyers and government officials, as well as $1 billion in compensation to car owners, after as many as 37 people were reported killed in runaway vehicles. Workers at Toyota factories in Canada, India, Mexico, and the Philippines as well as the state of Kentucky. have protested the company’s low pay and benefits, and union busting.
Automobiles, luxury vehicles, commercial vehicles, engines
Violations
| Top 5 Offense Groups (Groups Defined) | Penalty Total | Number of Records |
|---|---|---|
| safety-related offenses | $1,311,315,845 | 20 |
| environment-related offenses | $222,150,700 | 14 |
| consumer-protection-related offenses | $33,345,000 | 2 |
| employment-related offenses | $11,093,243 | 5 |
| financial offenses | $23,400 | 1 |
(June 10, 2021)
Stories
Activism
Activists Protest Toyota Plant
Assembly | August 28, 2007
Labor and church leaders are speaking out against what they describe as the unjustified firings, on-the-job injuries and overuse of temporary workers taking place at Toyota.
Protest Toyota Campaign vs. Toyota
Protest Toyota Campaign vs. Toyota | March 4, 2004
TMPCWA filed a complaint against Toyota Motor Philippines Corporation (TMP) for labour rights violations. The complaint alleges TMP refused to recognize TMPCWA as the sole and exclusive bargaining agent, and the company has actively tried to hinder workers right to association and collective bargaining.
& Lawsuits
Toyota slapped with $180 million fine for violating Clean Air Act
Charlie Osborne | ZD Net | January 15, 2021
Toyota has agreed to pay $180 million to settle claims that the company failed to comply with the US Clean Air Act for a decade.
China fines Toyota 87.6 million yuan over Lexus price-fixing
Reuters | December 27, 2019
China's market regulator on Friday has fined Japanese carmaker Toyota Motor 7203.T 87.6 million yuan ($12.5 million) for price-fixing on its premium Lexus cars in eastern Jiangsu province, according to a document on its website.
Kobe Steel, Toyota hit with U.S. lawsuit over vehicle metal quality
Tina Bellon, Yuka Obayashi | Reuters | March 6, 2018
U.S. consumers have filed a lawsuit against Kobe Steel Ltd 5406.T and Toyota Motor Corp 7203.T accusing the companies of violating consumer protection laws and engaging in fraud by concealing the use of substandard metal components in vehicles.
& Relations
Toyota lifts lockout, but employees to continue protest
Hans India | January 12, 2021
In a major development on Tuesday, Toyota Kirloskar Motors (TKM) announced lifting of the lockout at its Bidadi-based manufacturing plants in the State. The automobile company announced lockout on November 10 last year following strike called by employees union.
Indian Toyota workers continue strike in defiance of company-government repression
Aran Kumar | WSWS | January 7, 2021
Over 3,000 Toyota Kirloskar Motor (TKM) workers in the southern Indian city of Bangalore are continuing their strike, now nearly three months long, against speed-up and management harassment. The workers are continuing to defy a back-to-work order issued by the Hindu supremacist ...
Ground report: 37 days in, why Toyota Kirloskar workers in Bidadi continue to protest
Haripriya Suresh & Shilpa Ranipeta | The News Minute | December 15, 2020
Nearly 3,500 workers have been protesting at the Toyota Kirloskar Motors Bidadi plant for the past 37 days.
Toyota workers urged to reject union
Grace Macaluso | Windsor Star | February 19, 2014
The head of a U.S. anti-union group that helped defeat a UAW campaign at Volkswagen’s plant in Tennessee is urging Toyota workers in Ontario to reject an organizing drive waged by Unifor.
Financials
Note: Most recent list is not always the most complete list.
- Toyota Motor Corporation Subsidiaries (via U.S. SEC 2019)
- Toyota Motor Corporation Subsidiaries (via U.S. SEC 2018)
Croctail Subsidiary Tool using the CorpWatch API - This API uses automated parsers to extract the subsidiary relationship information from Exhibit 21 of companies' 10-K filings with the SEC.
Click here for the latest list.
Political Influence
OpenSecrets.org Profile of Toyota
& Evasion
Toyota faces Thai bribery probe over tax dispute
John Reed, Kana Inagaki, & Kiran Stacey | Financial Times | April 19, 2021
Toyota is under investigation in Thailand over allegations that consultants hired by the world’s largest carmaker tried to bribe local officials in a tax dispute, according to Thai authorities, court documents and a person with knowledge of the matter.
Toyota Probed Possible Bribes To Top Thai Judges
Frank Runyeon | Law 360 | March 29, 2021
More than six months before Toyota disclosed concerns to U.S. authorities about possible foreign bribery in Thailand, the automaker launched its own investigation into whether its consultants paid off Thai judges and government officials in an effort to overturn a $350 million import tax judgment ....
Toyota fined for tax avoidance: report
Sydney Morning Herald | October 8, 2003
Top Japanese automaker Toyota Motor Corp. had failed to declare about five billion yen ($A66 million) in taxable income in two years to March 2002, a news report said Wednesday.