Toyota's Hino Motors Suspends Light Truck Shipments After Emissions Data Scandal

Hino Motors Ltd, owned by Toyota Motor Corp TM, said misconduct regarding emissions was found through an investigation conducted by the Ministry of Land, Infrastructure, Transport, and Tourism (MLIT).
The newly-discovered misconduct also relates to a light-duty engine, N04C (HC-SCR) (2019 model).
Thus, Hino said it is suspending shipments of HINO Dutro, a light-duty truck equipped with the engine in question.
Related: Toyota Affiliate Held Responsible For Fudging Emissions Data From At Least 2003, Investigation Finds
The engine is also mounted in Toyota Motor's light-duty trucks, Toyota Dyna and Toyota Toyoace.
"We are extremely disappointed that Hino again betrayed the expectations and trust of its stakeholders," a Reuters report quoted Toyota President Akio Toyoda.
Price Action: TM shares closed lower by 1.68% at $156.46 on Friday.
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