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cnbc.com
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Toyota Shares Drop After Subsidiary's \$1.6 Billion Emissions Fraud Settlement
Hino Motors, a Toyota subsidiary, pleaded guilty to emissions fraud, leading to a \$1.6 billion settlement and a 2.53% drop in Toyota's shares; the fraud involved years of fabricated emissions data.
Toyota Shares Drop After Subsidiary's \$1.6 Billion Emissions Fraud Settlement
Hino Motors, a Toyota subsidiary, pleaded guilty to emissions fraud, leading to a \$1.6 billion settlement and a 2.53% drop in Toyota's shares; the fraud involved years of fabricated emissions data.
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