Mitsubishi Motors Pulls a Volkswagen; Shares Drop (reuters.com)
Reader Zane C. writes: The president of Japan's sixth largest auto corporation has admitted to manipulating test data on fuel economy (mileage test data) for 625,000 total eK Wagon and eK Space models, as well as the Dayz and Dayz Roox models produced for Nissan Motors. The tests overstated fuel efficiency by 5 percent to 10 percent. The offending models have been taken off the market until the problem is fixed, and foreign markets are being investigated for similar violations. Upon the announcement of the manipulations, Mitsubishi's stock dropped 15% and it lost 1.2 billion dollars in market value. The company apologized for the deception and said that it is investigating the employees involved. According to Mitsubishi, it was Nissan's in-house testers that discovered the discrepancy between the cars' published fuel efficiency data, and their real-life results. The affected models are sold exclusively in Japan.
He who articulated it, particulated it!
"I like to lick butts!" by MobileTatsu-NJG (#32700246) (Score:5, Informative)
Just the names of those models merits his ass stepping the hell down.
Clearly all of the manufacturers used similar tricks, that's why they didn't point the finger at VW earlier. I'm sure they all knew about it since VW had such good emissions and fuel economy that the other manufacturers must have done tests and tear downs of their own to figure out how VW did it. But no one wanted to rock the boat and invite more scrutiny from regulators.
WOW! WHAT a HIT! I haven't seen a play like THAT since the last time the CUBS won the PENNANT!
Do not look into laser with remaining eye.
Harakiri
Unlike VW, Mitsubishi Autos has been struggling the last decade. They almost pulled out of the US markets. I think the cheap ass $10k Mirage sales have been enough to keep them going here, but just barely. Across the board you can see marketshare decline and fewer models being offered world wide. I remember back in the day Mitsubishi was the place to go for cheap sports cars, the Starion, 3000gt, Eclipse, Lancer. Things have surely changed.
Hopefully this isn't as wide as the VW problem. If it is, I don't see Mitsubishi surviving. At least here in the US. (Then again, I might pick up a new 2015 Mirage on fire sale for dirt cheap if it does.)
Who the hell thinks up these names? And who the hell buys them???
"I don't know, therefore Aliens" Wafflebox1
If you don't want any of those cars, feel free to send them to North America. I imagine they will sell off quickly and nobody will give a shit about the mileage. I'll take one of each!
When auto manufacturers lie about emissions they get the inquisition. When politicians lie, cheat and steal it's business as usual.
There's a big difference between Mitsubishi and Volkswagen. Volkswagen spent an incredible amount of time and money developing software to defeat the test. Mitsubishi increased tire pressures.
One of our competitors trademarked the term "hypothesis". From now on, we will call them "boneheaded ideas".
KIAs seem to be selling quite well. I wonder if they also are involved in this affair.
when they find a company that didn't fudge the tests to some extent.
The issue here is if VW brought the game to a whole new level.
Actually, it would be more accurate to say they "Pulled a Hyunadia," i.e., overstated mileage.
Volkswagon's mileage data was correct; they were just spewing pollutants.
Now that Mitsubishi is in the limelight for being the latest car company to pull a Volkswagen... oh wait...
A Hyandi/Kia. Both were found guilty of this and both ended up paying like $300/car. Hardly their demise
I'm not surprised.
Mitsubishi has been phoning it in since the '90s where their Automotive division is concerned.
They used to make very nice vehicles - and Chrysler used to import them branded as Chrysler/Dodge/Plymouth models (Galant -> Dodge Challenger/Plymouth Sapporo - a very nice car for the time, then the Dodge Colt, Dodge's compact pickup trucks, etc.) and then the DiamondStar partnership was struck. Then they came out with the Starion which was a nice 2+2 "sports" car (a ponycar really) and marketed by Chrysler as the Dodge and Plymouth Conquest, Then came the 3000GT/Stealth and the Eclipse. Then Mitsubishi quit caring about their auto segment - quality dropped, they killed the sportscars, and they started parading the non-turbo FWD Eclipse as a serious sportscar (despite inferior performance and crappy handling), and they have been getting worse ever since, and dealerships have been abandoning the brand for makes that actually provide dealer support.
That they're not putting money into actual performance efficiency and emission controls and are instead cheating the system through ECU trickery and/or delivering "ringers" for certification testing doesn't surprise me at all.
If I could trade Mitsubishi's existence for any number of extinct marques (Saab, Studebaker/Avanti, Oldsmobile, Pontiac, Saturn, AMC, De Tomaso Modena, Fisker, or heck, even Plymouth (with a product line distinct from Dodge's, like they used to have up through the mid-'70s - the Roadrunner/Satellite was sweet for a musclecar) I would trade for any one of the others to make a return, because Mitsubishi is an automaker that truly deserves to go under.
The Christian Right is Neither (Christian nor right). See: Matthew 23, Matthew 25, Ezekiel 16:48-50
A large Japanese corporation in Japan pulls a fast one on the Japanese.... nothing will actually come of it.
Whoosh!
The OP is saying the management of Mitsubishi should spend several days listen to Harry Carry expound on the virtues of the 10 commandments and how they apply to corporations.
Sleep your way to a whiter smile...date a dentist!
However, they went on to stress that the 'Chicken 4 Dayz' model is unaffected.