Tag - mmc

 
 

MMC

BUSINESS / Companies
May 25, 2016
Mitsubishi Motors books ¥19.1 billion charge over fuel efficiency scandal
Mitsubishi Motors Corp. Wednesday added a ¥19.1 billion special loss to its fiscal 2015 earnings due to the recent fuel efficiency manipulation scandal.
Japan Times
BUSINESS / Companies
May 18, 2016
Suzuki latest automaker caught up in data debacle; Mitsubishi Motors says four further models affected
Suzuki Motor Corp. joins the list in admitting mistakes in measuring car fuel economy, saying its system is unapproved.
Japan Times
BUSINESS / Companies / FOCUS
May 13, 2016
How a confession turned into ¥237.4 billion bargain for Nissan
Two days before Mitsubishi Motors Corp. went public with news it had overstated the fuel economy of its cars, Chairman Osamu Masuko visited Nissan Motor Co. President Carlos Ghosn for a mea culpa. It did not take long for talk to turn from an apology to a deal.
Japan Times
BUSINESS / Companies
May 12, 2016
Stricken Mitsubishi Motors in talks with Nissan over ¥237 billion stake
Nissan Motor Co. is in talks to take a 34% stake in Mitsubishi Motors Corp., the automakers said Thursday.
BUSINESS / Companies
May 12, 2016
Nissan in talks to own third of scandal-stung MMC for $1.8 billion
Nissan Motor Co is in advanced talks to take a roughly one-third stake in Mitsubishi Motors Corp with a $1.8 billion investment, as Mitsubishi struggles with a fuel-economy data scandal, two sources said.
BUSINESS / Companies
May 2, 2016
Mitsubishi Motors drags on Nissan as minicar sales fall 51%
Mitsubishi Motors Corp.'s fuel economy testing fraud has hit its partner Nissan Motor Co. in domestic showrooms, with the latter automaker posting a steeper plunge in April minicar sales and overall market share.
Japan Times
BUSINESS / Companies
Apr 27, 2016
Mitsubishi skips forecast, says domestic orders have halved
Mitsubishi Motors Corp. on Wednesday abstained from releasing a forecast for fiscal 2016 as a scandal involving falsified fuel efficiency figures threatened to be a road wreck for the automaker.
Japan Times
BUSINESS / Companies
Apr 27, 2016
Deepening tests scandal could throttle Mitsubishi Motors
Mitsubishi Motors opts not to release a projection of its fiscal 2016 earnings amid a scandal involving falsified fuel efficiency figures.
BUSINESS / Companies
Apr 26, 2016
Mitsubishi Motors admits using unapproved efficiency tests for 25 years
The embattled automaker admits that its method of testing fuel efficiency much longer than it had previously stated.
BUSINESS / Companies
Apr 26, 2016
Mitsubishi Motors executives skip Beijing car show
Mitsubishi Motors Corp.'s senior executives skipped the Beijing car show as the automaker grapples with the fallout from its mileage fraud admission.
Japan Times
BUSINESS / Companies / ANALYSIS
Apr 21, 2016
Mitsubishi scandal could push firm to brink again, requiring rescue by group
Mitsubishi Motors Corp.'s disclosure that it manipulated fuel economy tests risks putting it in the position of needing help from group companies to stay in business.
Japan Times
BUSINESS
Apr 20, 2016
Mitsubishi Motors admits employees falsified fuel-efficiency data
The automaker says its workers faked test results for four minicars for which manufacturing and sales have now been suspended.
JAPAN
Nov 26, 2015
Philippines to probe 'sudden acceleration' in Mitsubishi vehicles
Philippine regulators will investigate accidents involving Mitsubishi Motors Corp.'s Montero Sport vehicles after complaints that they can speed out of control.

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