Nokian Renkaat Apologizes for Past Tire-Testing Mistakes

  • Stock declines most in more than two years on newspaper report
  • Company says report refers to past mistakes since addressed

Nokian Renkaat Oyj apologized for what it said were “mistakes in the past” after its shares plunged following a local media report that the winter-tire specialist may have manipulated test results for years.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.