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Toyota Eliminates Production Engineering Development Center
Toyota Motor Corporation (NYSE: TM, 7203T) said today that it is eliminating its Production Engineering Development Center. It’s part of the organizational changes TMC is taking to recover from its weak 2026 Japanese fiscal-year results as well as changes announced at the 122nd Ordinary General Shareholders’ Meeting in April 2026.
“Manufacturing engineering functions across the Production Group, Production Engineering Development Center, Powertrain Company, and other relevant organizations will be consolidated under the newly established Production Engineering Group,” TMC said in a release.
“By bringing together the capabilities and expertise cultivated in each area and further integrating engineering, production, and manufacturing engineering, Toyota will strengthen its manufacturing capabilities for the future,” TMC claimed. Continue reading →