SUBSCRIBERS

Mitsubishi may skip earnings forecast

Published Sun, Apr 24, 2016 · 09:50 PM
Share this article.

Tokyo

MITSUBISHI Motors Corp is unlikely to issue an earnings forecast for the current financial year when it announces annual results this week, due to uncertainty about the financial impact of its misleading fuel economy data, a person close to the company told Reuters on Sunday.

The Japanese carmaker is under investigation by the transport ministry after saying last week that it overstated the fuel economy of four of its mini vehicle models made for the local market, including ones produced for Nissan Motor Co.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here