27 Apr '16, 12pm

Mitsubishi May Not Survive Fuel Economy Cheating Scandal

Mitsubishi May Not Survive Fuel Economy Cheating Scandal

Since the company admitted to its fraudulent ways, its market capitalization has been slashed by 50% and sales have gone nearly to zero. A report today in Automotive News suggests that Mitsubishi may not survive the crisis it has created. “Right now, understanding which cars and how many of them are at stake is the most important thing,” says Koji Endo, an analyst with Advanced Research Japan. After two press conferences in the span of a week, investors are “still waiting for a proper report.”

Full article: http://gas2.org/2016/04/27/mitsubishi-may-not-survive-fue...

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