News Headline Summary
Toyota (7203 JT) is recalling approx. 150,000 Tacoma mid size pickups in the US due to the spare tire falling from beneath the trucks
- The trucks recalled are from 2001 to 2004.
- In other news, the Co. has said Japanese car sales in China are to normalize in the near future with GAC Toyota adding that they are to announce a new brand very soon.
Analysis details (18:14)
- The comments on China sales is of relevance as the Co. was hit hard in the fallout between Japan and China in the disputed purchase of an island in the East China Sea.
21 Nov 2012 - 18:09
Subscribe Now to RANsquawk
Click here for a 1 week free trial
RANsquawk provides audio news and commentary for over 15,000
professional traders and brokers worldwide. Services include:
Real-time audio coverage from 0630 to 2200 London time plus Asia-Pac 2200 to 1000 London time
Teams of analysts covering equities, fixed income, FX, energy, and metals markets
Real-time scrolling news service with instant analysis
Daily and weekly pre-market research and calendars
Video updates covering near-term key risk events & primary trading themes
One-to-one chat with our expert analysts