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William Maley

Mitsubishi News: Mitsubishi Admits To Using Non-Compliant Fuel Economy Tests Since 1991

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Last week, Mitsubishi admitted that it had manipulated fuel economy figures for 625,000 vehicles sold in Japan. But today, the scandal has only grown as the Japanese automaker revealed that it used fuel economy testing methods that were not compliant with Japanese regulations since 1991.

 

Reuters reports that Mitsubishi was compiling data for fuel economy tests using U.S. standards ( focuses on higher-speed, highway driving) and not Japanese standards (focuses more on city driving).

 

Since Mitsubishi has come clean about the manipulation last week, the company has lost half of its market value (about $3.9 billion). This has also brought back memories of a scandal Mitsubishi Motors was embroiled in fifteen years ago with covering up customer complaints and vehicle defects for more than 20 years.

 

Last week, Japanese authorities raided one of Mitsubishi's R&D offices. The Japanese Government has also asked Mitsubishi to submit a report on the manipulation by tomorrow. Meanwhile, U.S. regulators are pressing Mitsubishi to see if any vehicles sold here were involved in the manipulation.

 

Mitsubishi announced that it has brought in three lawyers to conduct an investigation into the scandal. A report is expected in three months.

 

Source: BBC News, Reuters, Mitsubishi

 

Press Release is on Page 2






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Mitsu just needs to merge with Mazda and a few other small auto companies to be one larger company with a complete product line.

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Lovely Piece of Toast!   :wub:

 

:roflmao:

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Wow...

 

Just wow.

 

The levels of deception in this industry. Big, small, something you'll find in them ALL....

Your a Poet and you did not know it! :P

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They should do the right thing and 'buyback' all eight of their vehicles.

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