Updated April 26, 2016 at 6:27 a.m.
Tokyo
Mitsubishi admitted Tuesday have used since 1991 an inappropriate method for testing energy efficiency of their vehicles, a new blow after a series of scandals that have affected the Japanese constructor.
“for the market Local, have been using that method since 1991, “said company vice president Ryugo Nakao at a news conference but said he did not know how many models are affected.
Mitsubishi Motors (MMC ) announced last Wednesday have used a method not in accordance with Japanese law “to present consumption rates more favorable than those fuels were actually”.
the company said then that were affected about 625,000 vehicles manufactured since 2013 and sold only in Japan, including 468,000 produced by fellow Japanese manufacturer Nissan.
the company’s shares have collapsed on the Tokyo stock exchange since the scandal broke last Wednesday, losing nearly half of its value.
“All I can do is apologize but I was not aware” the president said on Tuesday Mitsubishi, Tetsuro Aikawa, and admitted that the crisis will damage the finances of the company.
to try to clarify the case, Mitsubishi Motors announced the launch of a commission of inquiry special composed solely of outside experts, who will submit a report in three months.
Several executives explained at the press conference that the measurement methods of energy efficiency were not replaced when years the Japanese government ordered the automotive industry that modernized.
last week the Transport ministry registered the company headquarters, a decade after the manufacturer was saved from bankruptcy when it was discovered that he had concealed a series of defects in their vehicles.
on Saturday, the Nikkei business daily said the company plans to compensate customers affected by fraud.
These new revelations raise doubts about the future of Japanese industry but also on the automotive sector, after in recent months they erupted several scandals involving efficiency tests and controls antipollution.
for the German automaker Volkswagen, who admitted having placed a device on the engine of about 11 million vehicles worldwide to make them look cleaner, the scandal already has generated millions in losses and final costs can not yet be estimated
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in 2015 recorded a net loss of 1,582 million euros, its first annual balance in red in more than 20 years.
Mitsubishi, which has 30,000 employees, sells one million vehicles per year worldwide. On Wednesday the company plans to present its results for the year ended in late March exercise, but probably will refrain from delivering projections for this year.
The company had already warned that the impact of scandal will be substantial and analysts say, the consequences will be worse than those suffered by Volkswagen.
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