The Volkswagen scandal is hurting the global car industry.
Auto-maker stocks on the Nikkei are getting crushed in trade, with Mazda down a whopping 7%. Mitsubishi Motors is down 4.5%. Honda and Suzuki are off more than 3%. Isuzu is down 4%. Toyota and Nissan are both down around 1.4%.
Car companies are among the biggest firms on the Nikkei and the overall index is sinking after a holiday yesterday. It was down 2.3% a short time ago.
Shares in German car making giant Volkswagen have lost around one-third of their value this week, amid revelations =the company rigged cars to make them look like their emissions were lower than they actually were in order to get better environmental ratings.
Stocks around the rest of Asia are mainly in positive territory, with the ASX up around 1% and the Shanghai Composite up 0.8% so far.