Toyota subsidiary fraud follow-up: more than 400 supply chains will be compensated
Hawk_Finance
2023-12-27 17:38:10
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After a series of safety scandals, Toyota Motor's wholly-owned subsidiary, Daihatsu Motor Co., Ltd., which focuses on the production of minicars, announced on the 25th that it will compensate 423 suppliers with direct business relationships in Japan.。Because in this incident, it's not just Toyota that's implicated.。As Daihatsu also provides contract manufacturing and parts production services for other car companies, the suspension of Daihatsu shipments may cause production disruptions for multiple brands of cars.。Daihatsu said it would consider compensating suppliers based on past business volumes.。The company will also work with major suppliers to deal with the aftermath of the scandal and may help small subcontractors who are not compensated to help them access support funds from the industrial sector.。
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