Baaghi TV - Latest News and Updates

The Mitsubishi Motors Scandal Broadens

The emissions scandal encompassing the Mitsubishi Motors has amplified as the company stated said that additional models might be involved.

The firm’s president, Tetsuro Aikawa at a press conference said that there might have been further car models that erroneously measured the fuel efficiency data than primarily thought.

In the meanwhile, the safety authorities of United Stated have inquired the firm for additional information.

Shares in company have lost 40 percent of their value since the scandal first emerged.

On Friday, the stock sealed at a record as low as 504 yen.

Over 600,000 Japanese vehicles so far have been affected in 4 models: eK Space, Mitsubishi’s ek Wagon, Dayz Roox, Nissan’s Dayz and Dayz Roox, that Mitsubishi produces for Nissan.

“We believe that there were 4 car models where we saw improper data breaches & we believe there were other car models that were not properly measured,” said the President Tesuro Aikawa.

“We’re trying to sort this out,” he added.

Mitsubishi Motors Scandal Broadens

The National Highway Traffic Safety Administration of the United States had said that it had inquired the firm for additional information on the vehicles sold in US, however didn’t give any details of the car models.

On Thursday, the Japanese authorities stormed one of Mitsubishi’s offices and demanded a complete report by April 27th.

Transport minister, Keiichi Ishii, on Friday raised the probability of buying back cars in question, as VW (Volkswagen) agreed to do in US.

“We’d like encourage Mitsubishi Motors to conduct some serious soul searching for having tarnished ‘Japan Brand’ that we have built up over these years,” said Minister Ishii.

Comments
Loading...