TOKYO -- Japan's transportation ministry is planning to cancel the certifications required for Daihatsu Motor to make three car models, following the
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TOKYO -- Japan's transportation ministry is planning to cancel the certifications required for Daihatsu Motor to make three car models, following the
Japan's transport minister says it will revoke certifications necessary for mass production for three models built by Daihatsu Motor Co. after the small-car unit of Toyota Motor Co. was discovered to have rigged safety tests.
Toyota-owned Daihatsu has halted production at all four of its plants through 2024 after damning safety report's findings.
(Bloomberg) -- Toyota Motor Corp. shares slumped the most in 18 months, after subsidiary Daihatsu Motor Co.’s offices were raided over a safety scandal and the automaker recalled 1 million cars in the US. Most Read from BloombergS&P Logs Worst Day in Two Months, Bonds Power On: Markets WrapThe Hedge Fund Traders Dominating a Massive Bet on BondsTrump Barred From Colorado Ballot in Unprecedented RulingApple Races to Tweak Software Ahead of Looming US Watch BanOnce Africa’s Richest Woman, Dos Sant
TOKYO: Toyota Motor Corp suspended all shipments from subsidiary Daihatsu Motor Co after a scandal revealed most of its vehicles weren’t properly tested for collision safety.