BEAMSTART Logo

Toyota, Subaru shares drop after EV recall announcements

Channel News Asia LogoChannel News Asia1w ago

Toyota, Subaru shares drop after EV recall announcements

Quick Summary

Shares of Toyota Motor Corp and Subaru Corp dropped on Friday after the two Japanese car makers announced recalls of their first mass-produced electric vehicles (EV) for the global market because of a risk the wheels could come loose.

It said it was not aware of any accidents being caused by the defect.

By clicking subscribe, I agree to receive news updates and promotional material from Mediacorp and Mediacorp's partners.


More Pictures

Toyota, Subaru shares drop after EV recall announcements - Channel News Asia (Picture 1)Toyota, Subaru shares drop after EV recall announcements - Channel News Asia (Picture 2)

or

Article Details

Category: Economy

Topics: Mediacorp Shares Corp Cent Toyota Recall Units Subaru Vehicle First Japan

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-24, 10:05:31

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Reading Time: 2 minutes read

Article Length: 295 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 6830

View Article Analysis

About Channel News Asia

Main Topics: Economy

Official Website: channelnewsasia.com

Update Frequency: 23 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 1h ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

BEAMSTART brings you the latest news, jobs, and events from all around the world on startups, technology, and business. Stay updated with industry news, plug-in to exciting events, and discover incredible career opportunities with the world's most innovative companies.

© Copyright 2022 BEAMSTART. All Rights Reserved.