Nissan – which has been leading the charge on the electrification of the automotive market – has revealed it is now working with owners of new vehicles after the company “voluntarily directed” dealers in Japan to stop sales of the affected models. Tokyo stock exchange rules do not allow trades when there is a large imbalance in buy and sell orders, but shares close at their last indicated price.
“Since MMC developed the applicable cars and was responsible for obtaining the relevant certifications, MMC conducted fuel consumption testing”.
Japanese auto giant Mitsubishi has admitted to rigging the fuel economy results of its passenger vehicles sold in Japan. “Since the cover-up of recalls in the 2000s, we have tried to reinforce compliance within the company, but a compliance sense still hasn’t penetrated to every employee”, Aikawa said tagging the recent incident as shameful. “The focus right now is to resolve this problem and prevent it from happening again … it could be quite damaging”.
The automaker said it has sold 157,000 models with misleading fuel economy ratings under its own brand and supplied another 468,000 to Nissan.
It said it had no plans to change its relationship with Mitsubishi Motors for now.
Mitsubishi is investigating the test methodology of other models to make sure there are no further discrepancies.
Mitsubishi said that in calculating its cars’ fuel efficiency, it measured how much they slowed per second rather than the time it takes to slow by 10 km/h, as required under Japanese regulations.
He added that the issue was already reported to Japan’s transportation ministry.
Before this fuel emission tests scandal, Mitsubishi has been hoping to bring back the confidence in its cars after facing a series of issues more than a decade ago.
In 2014, they agreed to pay a $350 million penalty to United States authorities to end the USA environmental agency and department of justice investigation into the scandal, which affected around 1.2 million Hyundai and Kia vehicles in the US.
News that the carmaker rigged its fuel economy tests which involved hundreds of thousands of cars also affected company shares.