Mitsubishi to Pay Customers for Fuel Economy Shortfall
Mitsubishi Motors Corp. has agreed to compensate customers in Japan whose minicars were given inflated fuel economy ratings.
#economics
Mitsubishi Motors Corp. has agreed to compensate customers in Japan whose minicars were given inflated fuel economy ratings.
The program will pay for extra fuel costs and higher government taxes on about 625,000 vehicles that no longer qualify for discounts, according to The Nikkei. Details are expected to be announced in June.
The offer will cover owners of Mitsubishi eK minivans and eK Space minicars and Nissan Dayz and Dayz Roox minivans. MMC produces all four models.
Mitsubishi admitted nearly three weeks ago to manipulating tests to increase the fuel efficiency ratings of the vehicles. The amount it pays per model will depend on the fuel efficiency shortfall calculated by Japan’s transport ministry. The Nikkei says those tests aren’t likely to be completed until next month.
RELATED CONTENT
-
Ford’s $42 Billion Cash Cow
F-Series pickups generate about 30% of the carmaker’s revenue. The tally is about twice as much as what McDonald’s pulls in.
-
Enterprise Edges into Self-Driving Car Market
U.S. rental car giant Enterprise Holdings Inc. is the latest company to venture into the world of self-driving vehicles.
-
on the Genesis GV60 interior, EV sales in H1, Bentley Bentayga's wood work, Faurecia's advanced manufacturing & more
The strange glowing orb in the Genesis GV60. . .global EV sales in the first half. . .creating wood for the Bentayga interior. . .the importance of material handling at Faurecia. . .lux ATPs. . .fast Porsche. . .fast Lambo. . .the Avalon Hybrid. . .Silverado steel. . .