Toyota, along with other Japanese automakers, halted car shipments due to potential inflated safety ratings.
Toyota's stock dropped 2.8% as The Wall Street Journal reported it, along with Mazda, Honda, and other Japanese automakers, halted car shipments due to certification issues related to safety. Toyota admitted its data for evaluating car performance in occupant and pedestrian protection may not have fully followed government testing standards, potentially inflating safety ratings. Rosen Law Firm is investigating potential securities claims on behalf of Toyota shareholders, alleging misleading business information.
June 03, 2024
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