Hino Motors to brief on emissions data; shares fall more than 7%

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TOKYO :Hino Motors shares tumbled more than 7 per cent on Tuesday following a report that the scope of its announced falsification of admissions data may be larger than previously expected. The automaker, a unit of Toyota Motor Corp, said it and its special investigation committee would hold a news conference

TOKYO :Hino Motors shares tumbled more than 7 per cent on Tuesday following a report that the scope of its announced falsification of admissions data may be larger than previously expected.

The automaker, a unit of Toyota Motor Corp, said it and its special investigation committee would hold a news conference later in the day regarding false emissions data. The company this year admitted to falsifying data related to emissions and fuel performance of four engines. Japan's transportation ministry revoked the truckmaker's certification of those engines in March.

The timing and scope of the misconduct might be wider than previously expected, the Asahi newspaper said. Hino may have taken part in cheating since the early 2000s, as opposed to a previous finding that it had done so after the autumn of 2016, the paper said, quoting unnamed people involved in the matter.In 2018, the government said Mazda Motor Corp, Suzuki Motor Corp and Yamaha Motor Co Ltd had improperly tested vehicles for fuel economy and emissions.

 

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Hino Motors to brief on emissions data; shares fall more than 7%TOKYO :Hino Motors shares tumbled more than 7 per cent on Tuesday following a report that the scope of its announced falsification of admissions data may be larger than previously expected. The automaker, a unit of Toyota Motor Corp, said it and its special investigation committee would hold a news conference
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Hino Motors to brief on emissions data; shares fall more than 7%TOKYO :Hino Motors shares tumbled more than 7 per cent on Tuesday following a report that the scope of its announced falsification of admissions data may be larger than previously expected. The automaker, a unit of Toyota Motor Corp, said it and its special investigation committee would hold a news conference
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