Stock Market News
Hino Motors shares slide further, drop more than 4% and top loser on Nikkei
2022.08.23 03:53
FILE PHOTO: Hino Motors’ logo is pictured at the 45th Tokyo Motor Show in Tokyo, Japan October 27, 2017. REUTERS/Kim Kyung-Hoon
TOKYO (Reuters) – Shares of Japan’s Hino Motors, Toyota Motor (NYSE:TM) Corp’s truck and bus unit, were down more than 4% and the top loser on the Nikkei index on Tuesday, after its engine-related misconduct widened to small trucks.
Hino President Satoshi Ogiso said on Monday that during a transport ministry investigation additional misconduct regarding emissions was found that affects more than 76,000 vehicles.
Toyota shares fell 1.4% on Tuesday morning.