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Mitsubishi Motors brings in new R&D chief, restates results after scandal
May 25, 2016 by creative · Leave a Comment
Mitsubishi Motors Corp said a Nissan Motor Co executive would become its head of research and development, part of a management overhaul in the wake of a mileage cheating scandal that also prompted it to restate earnings. Nissan is preparing to take a controlling one…
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Mitsubishi Motors brings in new R&D chief, restates results after scandal
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Mitsubishi Motors used non-compliant data far longer than disclosed: source
April 26, 2016 by publisher · Leave a Comment
By Naomi Tajitsu TOKYO (Reuters) – Mitsubishi Motors Corp used fuel economy testing methods that were not compliant with Japanese regulations since 1991 – much longer than previously known, a source briefed on the matter said. Japan's sixth-largest automaker has lost half of its market value – some $3.9 billion – since it admitted…
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Mitsubishi Motors used non-compliant data far longer than disclosed: source