June 11, 2024 BY Elizabeth Anderson
Japanese Auto Shares Buckle After Falsified Testing Data Scandal
During the first week of June 2024, Toyota Motor Corporation (TM) shares dropped by more than 5.4%, constituting a loss of $15.62bn in market value. They started to recover on Monday 10 June 2024, and at 10:30 EDT, the auto manufacturer’s shares were up 1%. Mazda Motor Corporation (7261.T), Japan’s second-largest carmaker, lost 7.7% over…
Read more