Shares of Toyota’s truck-making subsidiary Hino suffered their biggest one-day fall in more than two decades on Monday, plunging 16.8 per cent in the first trading session since the company admitted it had falsified emissions data.
Hino said on Friday that it had falsified diesel engine performance and fuel economy data for some of its vehicles manufactured in Japan. The transport ministry on Monday inspected the company’s headquarters in Tokyo and said it planned to open an investigation.
The company, which has sold more than 115,000 trucks and buses with falsified data as of February, said it has suspended new sales of the engines and vehicles carrying them in Japan.
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