Toyota shares slide on safety scandal at Daihatsu, recall of vehicles

Toyota Motor shares slumped on Thursday as Japan's transport ministry inspected a subsidiary over safety concerns dating back decades and as the world's top-selling automaker separately also announced a recall of 1.1 million vehicles. Shares in Japan's biggest automaker were down 3.8% by the end of morning trading. A day earlier, Toyota's small-car unit Daihatsu Motor said it would halt shipments of all of its vehicles for an indefinite period after discovering more safety-inspection irregularities.