- Yahoo Finance
Why automakers are backtracking on their ambitious EV game plans
The latest data from S&P Mobility finds that EV inventory at the end of April climbed 5.7% compared to the prior month and up 105% compared to a year ago. This despite steep discounting for EVs through most of the year.
- Zacks
Toyota (TM) Halts Production of 3 Models Over Testing Issues
Toyota (TM) suspends production of three models as it comes across wrongdoing on certification tests for seven models.
- Reuters
Japan auto safety scandal widens, Toyota halts some shipments
A safety test scandal at Japanese automakers widened on Monday, with Toyota Motor and Mazda both halting shipments of some vehicles after Japan's transport ministry found irregularities in applications to certify certain models. The irregularities were also found in applications from Honda, Suzuki and Yamaha Motor, the ministry said. The automakers were found to have submitted incorrect or manipulated test data when they applied for certification of the vehicles.
