Toyota lost over $15 billion in market value last week after being caught falsifying tests

Toyota Motor Corporation Board Chairman Akio Toyoda bows during a press conference in Tokyo on June 3, 2024. Toyota said on June 3 it had suspended domestic shipments of three car models after falling foul of government certification rules along with its Japanese rivals Honda, Mazda, Suzuki and Yamaha.Shares of Japanese automakers have largely plunged since the country's transport ministry found false data used to certify certain models a week ago on Monday.Shares of Japan's largest carmaker Toyota fell mor ...