TOKYO: Mitsubishi Motors Corp said it would book a charge of ¥50 billion (US$480 million) this fiscal year to compensate buyers for manipulating fuel-efficiency ratings, as it admits to falsifying test data for 20 models that it sold in the past decade.
Mitsubishi has used “desktop calculations” and falsified data on the models sold from 2006 to this year, the company said in a statement yesterday. The company intentionally lowered resistance readings that resulted in better fuel economy, it said.