'Notice Of Wrongdoing By Daihatsu In Collision Tests And Sales And Shipment Suspension Of Toyota RAIZE'
Portfolio Pulse from Happy Mohamed
Toyota has suspended sales and shipments of its RAIZE HEV vehicles supplied by Daihatsu Motor Co., Ltd. due to improper certification in the UN-R135 collision test. The issue was discovered during an internal inspection of Daihatsu's certification operations.
May 19, 2023 | 1:36 pm
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Toyota suspends sales and shipments of RAIZE HEV vehicles supplied by Daihatsu due to improper certification in the UN-R135 collision test.
The suspension of sales and shipments of Toyota RAIZE HEV vehicles due to improper certification in the UN-R135 collision test will likely have a negative short-term impact on Toyota's stock price. The issue raises concerns about the company's quality control and governance system, which may affect investor confidence.
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IMPORTANCE 75
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