Mitsubishi Motors Admits To Manipulating Fuel Economy Test Data

Mitsubishi Motors Admits To Manipulating Fuel Economy Test Data

Mitsubishi Motor’s shares fell 15 percent after admitting to test data manipulation. It is the biggest decline in more than a decade in Tokyo Trading, “cutting its market value to 721 billion yen ($6.6 billion).”

“The company’s manipulation of tests will further intensify scrutiny of the auto industry.” Volkswagen also admitted to rigging last year, in order to meet U.S. emissions standards.

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