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Stock Market News

Hino Motors shares slide further, drop more than 4% and top loser on Nikkei

08/23/2022

Less than a minute

2022.08.23 03:53

Hino Motors shares slide further, drop more than 4% and top loser on Nikkei
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.

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08/23/2022

Less than a minute