Toyota Motor Corporation Issues Statement on Impact of Kobe Steel Announcements

(TORONTO, ON. – October 20, 2017) Toyota Motor Corporation issued a statement and provided an update regarding its investigation into the impact of Kobe Steel’s recent announcements on improper conduct related to materials used in vehicle bodies, specifically for Toyota and Lexus vehicles. The ongoing, initial phase of investigation has been focused on aluminum plates based on the information received from Kobe Steel on October 8, 2017. Toyota has confirmed that the affected aluminum plates were used in the construction of hoods, rear hatch, and front door hinge components of certain vehicles.

Additionally, based on Toyota’s analysis of the new information provided by Kobe Steel, it was confirmed that the aluminum plates satisfy applicable both statutory regulatory standards and Toyota’s own internal standards for key safety and durability performance requirements in affected vehicles. Toyota’s internal standards meet or exceed those defined by law.

Outside of this investigation, the company continues efforts to identify the full impact of all of Kobe Steel’s announcements to date, including non-aluminum materials purchased directly from Kobe Steel or in the form of components via suppliers used in Toyota vehicles, such as copper tubes, steel wires, steel powder, etc.

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Toyota Canada Inc. (TCI) is the exclusive Canadian distributor of Toyota and Lexus vehicles.  Toyota has sold over 5 million vehicles in Canada through a national network of 287 Toyota and Lexus dealerships.  Toyota is dedicated to bringing safety, quality, dependability and reliability in the vehicles Canadians drive and the service they receive.  TCI’s head office is located in Toronto, with regional offices in Vancouver, Calgary, Montreal and Halifax and parts distribution centres in Toronto and Vancouver.  Toyota operates two manufacturing facilities in Canada. Having produced more than seven million vehicles, popular Canadian models built at these facilities include Toyota RAV4, Toyota Corolla, Lexus RX 350 and RX 450h hybrid.

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