Business World

Tuesday 21 November 2017

Toyota shares sink 5pc as Japan quakes hit supply chain

Toyota will make its new compact SUV/crossover in Turkey based on its C HR Concept (pictured).
Toyota will make its new compact SUV/crossover in Turkey based on its C HR Concept (pictured).

Shares in Toyota fell 5pc on Monday, leading a sharp decline in shares of other manufacturers after deadly earthquakes in southern Japan last week hit its supply chain.

The stock fell as much as 6.8pc in early morning trade. The benchmark Nikkei average was down 2.5pc.

Reuters

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