17:43 - 10.06.2024

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June 10, Fineko/abc.az. Shares of Japan's largest automaker Toyota fell by more than 5.4% last week after the scandal over the falsification of data related to the safety and operation of cars.

Last week alone, the automaker lost 2.45 trillion Japanese yens ($15.62 billion) in market value.

A large-scale inspection conducted by the Ministry of Land, Infrastructure, Transport and Tourism also revealed violations in the certification applications of other automakers Honda, Suzuki and Yamaha.

Last week, Honda shares fell by 5.75%, Yamaha Motor - by 2.2%, and Suzuki Motor - by 0.3%.

The shares of all these companies were trading higher today. Toyota shares rose by 1.7%, Honda - by 2.13%, and Mazda - by 1.7%. Suzuki and Yamaha were also slightly higher than the previous closing level.

All five companies provided false test data or, in the case of Toyota and Mazda, falsified cars used in crash tests.