Mitsubishi Motors in limbo as key shareholder awaits probe results

Tokyo

MITSUBISHI Motors Corp faces the prospect of being stuck in limbo for the next few months as its largest shareholder waits for the results of an investigation into how the carmaker manipulated fuel-economy data before deciding whether to extend aid.

Mitsubishi Heavy Industries Ltd hasn't received any appeal for help from the carmaker, in which it owns a 12.6 per cent stake, president Shunichi Miyanaga told reporters in Tokyo on Monday, without elaborating. Mitsubishi Motors has said that its data manipulation and improper testing may result in the company having to compensate customers, Japan's government and minicar partner Nissan Motor Co.