Corporate scandal forces share price to all-time low after carmaker admits it falsified fuel efficiency data for 600000 carsThe scandal engulfing Mitsubishi Motors has intensified after government officials raided one of its offices and shares in the Japanese carmaker plunged to an all-time low.
Panicked by the revelation that Mitsubishi had overstated the fuel efficiency of more than 600000 cars traders rushed to dump the stock, prompting a temporary suspension of shares. Continue reading...
Source: theguardian.com