Toyota unit Daihatsu could face $700m in losses as scandal halts factories

Toyota unit Daihatsu could face $700m in losses as scandal halts factories

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NAGOYA/TOKYO-- Daihatsu Motor could suffer over 100 billion yen ($700 million) in losses stemming from the safety test scandal that came to light last week, according to one estimate, as the Toyota Motor unit faces a factory shutdown and compensation to suppliers. The automaker has halted all…

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