Japanese carmaker has lost half of its market value,$3.9bn, since it said fuel-economy readings were being falsifiedThe Japanese carmaker Mitsubishi Motors has admitted using fuel-economy testing methods that did not comply with Japanese regulations for 25 years, or much longer than previously known. It said on Tuesday that aggressive internal targets may acquire put pressure on employees to overstate the fuel economy of its vehicles,adding that it would set up an external committee to investigate the matter.Continue reading...
Source: theguardian.com