Tag Archives: negative impact

TOYOTA To Stop investing in Diesel Engines

Toyota is considering phasing out diesels entirely, Karl Schlicht—executive vice president of Toyota Europe—said in a recent interview with British magazine Autocar. Stricter emissions standards are one reason for this potential change, Schlicht said, but Toyota also doesn’t find them to be particularly important to its bottom line. The Yaris diesel model makes up less than 10 percent of the

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