The crisis engulfing Toyota deepened yesterday when the US government urged the owners of more than 2m recalled cars and trucks to “stop driving” them and take them to dealers for repair.
Shares in Toyota tumbled by up to 7 per cent in early New York trading as Ray LaHood, US transportation secretary, heaped further pressure on the carmaker before backtracking on his remarks. Toyota has suspended sales of some of its most popular models in North America pending repairs to sticky accelerator pedals.
Mr LaHood's comments followed news that the Japanese government had ordered the company to investigate complaints of defective brakes on the Prius, the world's best-selling petrol-electric vehicle.
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