Japan FSA to Issue Biz Improvement Order to Toyota Dealer

Tokyo, Jan. 21 (Jiji Press)--Japan Financial Services Agency decided to issue business improvement orders to car dealer Toyota Mobility Tokyo Inc. and used car dealer Goodspeed Co., it was learned Tuesday. The subsidiary of Toyota Motor Corp. and Nagoya-based Goodspeed are believed to have committed illegal practices, such as discounting vehicles in exchange for buying specific insurance pr...

Japan FSA to Issue Biz Improvement Order to Toyota Dealer
Tokyo, Jan. 21 (Jiji Press)--Japan Financial Services Agency decided to issue business improvement orders to car dealer Toyota Mobility Tokyo Inc. and used car dealer Goodspeed Co., it was learned Tuesday. The subsidiary of Toyota Motor Corp. and Nagoya-based Goodspeed are believed to have committed illegal practices, such as discounting vehicles in exchange for buying specific insurance pr...