GrogHeads Forum

IRL (In Real Life) => Current Events => Topic started by: WallysWorld on April 21, 2016, 11:42:17 AM

Title: First Volkswagen and now Mitsubishi?
Post by: WallysWorld on April 21, 2016, 11:42:17 AM
http://www.reuters.com/article/us-mitsubishimotors-regulations-idUSKCN0XH0LG (http://www.reuters.com/article/us-mitsubishimotors-regulations-idUSKCN0XH0LG)


Mitsubishi Motors Corp (7211.T) admitted to manipulating test data to overstate the fuel economy of 625,000 cars sold in Japan, knocking its shares down more than 15 percent and wiping $1.2 billion off its market value on Wednesday.

Mitsubishi Motors said the fuel economy levels of models made for the local market were up to a tenth lower than stated in its test results. It said it manipulated those levels to gain a favorable reading for its fuel economy certification.
Title: Re: First Volkswagen and now Mitsubishi?
Post by: Gusington on April 21, 2016, 05:55:13 PM
Mitsubishi is a shell of its former self here in the northeast US. I would have to drive at least 50 miles to find a dealership.
Title: Re: First Volkswagen and now Mitsubishi?
Post by: Dammit Carl! on April 21, 2016, 06:08:46 PM
Have they just scaled back NA operations much like Suzuki automotive or is it otherwise?
Title: Re: First Volkswagen and now Mitsubishi?
Post by: Gusington on April 21, 2016, 07:08:05 PM
Suzuki filed for bankruptcy IIRC. We can always go shopping for Isuzus.