Mitsubishi Motors office raided over fuel economy tests

[nitpicker]

http://www.bbc.com/news/business-36099103

Mitsubishi Motors office raided over fuel economy tests

1 hour ago

From the section Business

Japanese officials have raided an office of Mitsubishi Motors following the revelation that the carmaker had falsified its fuel economy data. The officials searched its plant in the central Japanese city of Okazaki.

Mitsubishi has admitted that employees altered data to flatter mileage rates on more than 600,000 vehicles. A government spokesman said they were treating it as an "extremely serious case" and that it had ordered the company to submit a full report. The authorities have set 27 April as the deadline for Mitsubishi Motors to hand over the report on the inaccurate testing.
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Akira Kishimoto, an auto analyst at JPMorgan told Reuters that he estimated the falsification could cost Mitsubishi more than 50bn yen ($450m; £313.8m), including payments to consumers, the costs of replacing parts and compensation to Nissan.

The inaccurate tests involved 157,000 of its own cars and 468,000 vehicles produced for Nissan.
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