The Japanese auto maker said vehicle sales will drop around the world, especially in Japan, where it expects a 41% plunge.
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The company admitted in April to overstating the mileage on four of its minivehicles, including two models it produced for Nissan Motor Co – problems it blamed on competitive pressures and poor oversight.
It also said it was setting aside as much as $86m to reimburse customers for lost “eco car” tax breaks for affected models.
Against this background, the minister instructed Mitsubishi to correct the fuel economy rates for the models – the eK Wagon, the eK Space, the Dayz and the Dayz Roox – while stopping short of canceling their type designations needed for production and sales. And it was the latter’s own tests that had uncovered the mileage cheating.
The automaker will book 150 billion yen in one-time charges related to faulty fuel tests, which will include 100 billion yen in payments to Nissan, suppliers and the costs of halting production at its Mizushima plant.
After checking emissions – which passed the standard – and finding that the manipulated mileage data did not affect the safety of the vehicle, the ministry has simply chose to issue the automaker a stern reprimand. The company will do whatever it can to prevent the losses from the data falsification scandal from spilling over into next fiscal year, Chairman Osamu Masuko said.
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