Car manufacturer emissions scandal round two
Japanese car maker Mitsubishi has admitted it presented fraudulent emissions data for over 600,000 vehicles.
The company has reportedly stopped selling the vehicles, but the news was greeted with a sharp fall in the company’s shares, which had dropped by over 15% when the markets closed.
Mitsubishi only accounts for 1% of all vehicle sales in the UK, but it is Japan’s sixth largest motor company and sold over a million vehicles over 2015.
The company’s bosses bowed deeply at the beginning of a press conference in Tokyo yesterday.
The firm said that the falsified test results related to 157,000 cars produced under Mitsubishi’s own brand, and 468,000 Nissan branded vehicles Mitsubishi had made.
The revelations came after Nissan noticed inconsistencies in vehicles’ emissions data and flagged it up to Mitsubishi, which then launched an internal investigation.
The scandal follows VW’s own emissions scandal last year. The company is still in the process of recalling millions of cars.