Toyota unit Daihatsu to compensate 420 suppliers for lost revenue

OSAKA — Japanese carmaker Daihatsu Motor will begin negotiations with suppliers to compensate them for lost revenues due to its suspension of shipments after an independent panel found irregularities in its operations, Nikkei learned on Thursday.

The Toyota Motor subsidiary is Japan’s top manufacturer of popular lightweight minicars, known as kei cars. Daihatsu also plans to halt production at its domestic plants by Dec. 26, and it is unclear when it will resume operations as normal.

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