Mitsubishi Motors' Existence at Risk as Fraud Case Widens
- Carmaker has improperly tested for fuel economy since 1991
- Scandal `could affect our company's existence,' president says
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For the second time in about a decade, Mitsubishi Motors Corp. faces a scandal that poses an existential threat.
The Japanese automaker has improperly tested the fuel economy of its cars for the past quarter century, widening the scope of misconduct that executives initially said dated back to 2002. The Mitsubishi Motors board formed a panel of three ex-prosecutors to investigate for about three months. Until then, customers, investors and minicar partner Nissan Motor Co. may be left waiting for information about the number of affected models and details of compensation.