Toyota shares slide 4% after U.S. million-car recall

Japanese automaker Toyota announced on Thursday that its shares fell by four percent after recalling about a million vehicles, including 2020–2022 Toyota and Lexus models, in the United States.

A day earlier, Toyota’s small-car unit, Daihatsu Motor, said it would halt shipments of all of its vehicles indefinitely after discovering more safety-inspection irregularities.

The latest issues impacted some Mazda and Subaru models sold in the domestic market and Toyota and Daihatsu models overseas, an independent investigation panel found.