Japanese carmaker Mitsubishi Motors has admitted that it has manipulated fuel economy tests that has affected 6,25,000 cars. Out of this total figure, 4,68,000 mini cars were made for Nissan and 1,57,000 cars were sold under the Mitsubishi name itself.
When the cars made for Nissan were tested by Nissan, the economy figures did not match Mitsubishi's fuel economy figures. Nissan later asked Mitsubishi to take a look and investigate the issue, which lead to the discovery of improper conduct and tests that are illegal by the Japanese law.
The carmaker released this information in a statement, and the company's President, Tetsuro Aikawa held a new conference. The company and Nissan have stopped production of the cars and Mitsubishi would speak about the compensation with Nissan.
After the discovery and official announcement, Mitsubishi Motors' shares fell by 15 percent in Tokyo. This was the highest fall recorded in the last 12 years. The affected cars were made for the Japanese market and Mitsubishi will take a look at cars that were exported to other countries, by setting up an investigation committee.
Mitsubishi Motors joins the long list of carmakers that have misused testing and given false economy figures. The list includes car manufacturers like Volkswagen, Hyundai, and Ford.