Mitsubishi Motors Falls as Nikkei Says Test Issues Date to '90s
What Can Mitsubishi Do to Repair Its Image?
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Mitsubishi Motors Corp. plunged a fifth day in Tokyo trading after the Nikkei newspaper reported the carmaker may have used fuel-efficiency tests inconsistent with government guidelines since the 1990s.
The shares dropped as much as 13 percent, reversing earlier gains, and closed down 9.6 percent at the close in Tokyo. Mitsubishi Motors has lost half its market value since April 19, the day before revealing it falsified data used to calculate fuel economy.