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Automobiles

Toyota reports to US on possible bribery by Thai subsidiary

Japanese automaker takes allegations 'seriously' enough to contact Washington

Toyota Thailand is the Japanese company's regional production hub. (Photo by Nozomu Ogawa)

NAGOYA, Japan -- Toyota Motor reported to U.S. authorities about possible violations of anti-bribery laws by a subsidiary in Thailand, the company said in its prospectus disclosed for bond issuance.

The automaker reported to the U.S. Department of Justice and U.S. Securities and Exchange Commission in April last year and has worked with investigators, but has not disclosed details of the probe.

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