Toyota shareholders vote down climate resolution, endorse board

Toyota shareholders vote down climate resolution, endorse board

FILE PHOTO: The Toyota logo is seen on the bonnet of a newly launched Camry Hybrid electric vehicle at a hotel in New Delhi, India, January 18, 2019. REUTERS/Anushree Fadnavis/File Photo

Shareholders of Japan’s Toyota voted down an unprecedented resolution on the automaker’s climate lobbying and backed its board at an annual general (AGM) meeting on Wednesday, in an endorsement of its strategy.