HMC Oct 2024 40.000 put
- Zacks
Toyota (TM) Halts Production of 3 Models Over Testing Issues
Toyota (TM) suspends production of three models as it comes across wrongdoing on certification tests for seven models.
- Reuters
Japan auto safety scandal widens, Toyota halts some shipments
A safety test scandal at Japanese automakers widened on Monday, with Toyota Motor and Mazda both halting shipments of some vehicles after Japan's transport ministry found irregularities in applications to certify certain models. The irregularities were also found in applications from Honda, Suzuki and Yamaha Motor, the ministry said. The automakers were found to have submitted incorrect or manipulated test data when they applied for certification of the vehicles.
- Investing.com
Morgan Stanley hikes Japan automaker targets, Honda the top pick
Investing.com-- Morgan Stanley analysts hiked their price targets on Toyota and Honda , while citing the latter as their top pick among Japanese automakers on improved profitability prospects and sustained shareholder returns.
