Mitsubishi Research Center Raided

Posted by: Xavier Kwan onApril 22nd, 2016

A man walks out from Mitsubishi Motors Corp's showroom at its headquarters in Tokyo

Emission scandals are now reaching Japan with Mitsubishi’s research facility in Nagoya, Japan, being targeted by Japan’s Transport Ministry in a raid to try and seize documents and information from the automaker.

Mitsubishi admitted to officials that they purposefully manipulated the emission and fuel economy data on over 625,000 vehicles sold in Japan. The vehicles with false fuel economy data have a stop order on production. These scandals continue to rack up major financial troubles for those involved. In Mitsubishi’s case, in two days their stocks dropped by 33% which is equivalent to $2.5 billion.



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