Friday, September 29, 2017

Suzuki says he uses the wrong fuel economy tests in Japan Reuters

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Suzuki says he uses the wrong fuel economy tests in Japan.
TOKYO Suzuki Motor Corp. 7269 T used the wrong methods to test its car fuel economy in Japan, it said on Wednesday, widening the testing scandal that has rocked his rival Mitsubishi Motors Corp. 7211 T.
The Ministry of Transport of Japan has ordered inspections generalized methods of the industry after Mitsubishi Motors admitted last month he manipulated the fuel economy data for at least four mini-model vehicles, exaggerating efficacy.
Mitsubishi Motors president, Tetsuro Aikawa, said Wednesday he would resign over the scandal, becoming the first major departure because he broke, reputation and blows wipe billions off of his company's market value.
Concerns about damage similar to Suzuki sent shares of the fourth car manufacturer from Japan down to 15 percent during the day.



Suzuki said it would continue to sell mini cars and saw no impact on its results the correct readings, he said, are not significantly different from those he submitted.
The Japanese authorities, however, asked for further details Suzuki before May 31, calling its outrageous use of non-compliant testing.
The company apologizes for the fact that we are not following the rules set by the country, CEO Osamu Suzuki told reporters, adding 2 1 million vehicles were affected.
The company has denied using the tests to make its fuel economy data seem better He blamed the decision to concoct readings from individual auto parts - rather than a single reading - on his test wind hillside location Coast that made erratic readings the parts were tested inside, he said.



Suzuki specializes in mini vehicles, which have engines up to 660cc and get preferential tax treatment under Japanese law it has about a third of the mini-vehicle market in the country It also has an Indian subsidiary success Maruti Suzuki.
The Department of Transportation, which had asked all car manufacturers operating in Japan to resubmit fuel economy readings on all models Wednesday, said that no other car manufacturers had manipulated data, or use inappropriate tests.
He expects further detail, however, Suzuki, he said he has not decided to penalize Mitsubishi Motors, and if so, how.
Mitsubishi Motors admitted that he cheated on fuel economy testing is the third scandal in less than two decades, and prompted the automaker to agree to sell one third of the controlling stake of Nissan Motor Co 7201 T.
At a press conference Wednesday, Mitsubishi Motors blamed excessive pressure, less time spent on research and development and high expectations for energy efficiency.



There was no direct order management, CEO Osamu Masuko said, but senior management did not have a firm grasp on how to write R by Miyoung Kim; Edited by Ian Geoghegan.

Suzuki says he uses the wrong fuel economy tests in Japan Reuters, Suzuki says, used badly.





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