Toyota Halts Sales Amid Deepening Safety Scandal

1 min read
Source: Reuters
Toyota Halts Sales Amid Deepening Safety Scandal
Photo: Reuters
TL;DR Summary

A safety test scandal involving Japanese automakers has widened, leading Toyota, Mazda, and Yamaha to halt shipments of certain vehicles after Japan's transport ministry found irregularities in certification applications. The scandal, which also implicates Honda and Suzuki, involves manipulated safety test data and has prompted on-site inspections and shareholder scrutiny. Toyota's shares fell 1.8%, and Mazda's shares dropped 3.3% following the revelations.

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