Toyota, Subaru shares drop on “embarrassing” recalls of first EVs
By Maki Shiraki and Satoshi Sugiyama TOKYO (Reuters) – Toyota Motor (NYSE:TM) shares slipped after it recalled some of its first mass-made all-electric cars, launched two months ago, because of a risk of wheels coming loose, a setback to its ambitions to electrify its model range. Toyota, the world’s largest automaker by sales, said on… More