Mitsubishi Motors mileage scandal widens, U.S. regulator seeks information | Reuters
▻http://in.reuters.com/article/us-mitsubishimotors-regulations-idINKCN0XJ00B
Mitsubishi Motors Corp’s fuel economy scandal broadened on Friday as U.S. auto safety authorities said they were seeking information and after reports that the automaker submitted misleading data on at least one more model than disclosed and likely several more.
Japan’s sixth-largest automaker admitted this week it had overstated the fuel efficiency of 625,000 cars, wiping off around 40 percent of its market value, or $3.2 billion over three days, and prompting a raid by Japanese authorities on one of its facilities.
Adding to fears that the scandal will lead to ballooning compensation and fines, top Japanese government officials said Mitsubishi could be responsible for reimbursing consumers and the government if investigations find the vehicles were not as fuel-efficient as claimed.