Mitsubishi admits to cheating

[Rajoo]

Mitsubishi Motors admits manipulating fuel economy data, shares tumble

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.

Probably has very little impact here in the US. I no longer see very many Mitsubishi vehicles on the road.

http://www.reuters.com/article/us-mi...-idUSKCN0XH0LG

[Boreas]

Originally Posted by Rajoo

Mitsubishi Motors admits manipulating fuel economy data, shares tumble



Probably has very little impact here in the US. I no longer see very many Mitsubishi vehicles on the road.

http://www.reuters.com/article/us-mi...-idUSKCN0XH0LG

Doesn't seem to bother Renault-Nissan very much.

http://www.reuters.com/article/us-ni...-idUSKCN0Y227F

[sanford12]

Used to work for Mitsubishi. IMHOP the worst top and middle mangement of any car company and its worldwide. They couldn't hit a market trend in the US to literally save their ass.