The latest episode of Daihatsu’s safety test irregularity situation looks like it could end up shortlived, as there are reports that shipments to Indonesia have resumed.

According to a report by The Japan Times, Indonesian authorities confirmed the safety of the cars and greenlit resumption of shipments. Daihatsu is the #2 car brand in Indonesia, with Toyota being the #1.

Locally, both Daihatsu’s partner Perodua as well as Toyota distributor UMW Toyota Motor issued statements that they are doing a detailed assessment on the matter and are discussing with authorities.

Earlier this week, MBMR shares plunged to a low of RM4.12 from a high of RM4.59 as the market reacted to the news, but seems to be on a path of recovery already, closing the week at RM4.31.

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Tags: Daihatsu Safety Scandal 2023

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