Japan’s transport ministry ordered Toyota, Mazda,Yamaha to suspend some vehicle shipments

Japan’s transport ministry has said its found further irregularities in applications to certify certain models of vehicles, some automakers were found to have submitted incorrect or manipulated test data when they applied for certification of the vehicles.

Its impacting widely,

• Toyota
• Mazda
• Honda
• Suzuki
• Yamaha

all hit.

Info comes via Reuters, more here.

This has been impacting Japanese industrial output data (in a negative way) and this looks like it might continue. Sheeseh …. Can Japan catch a break already?

This article was written by Eamonn Sheridan at www.forexlive.com.