One of the biggest factors for many people when it comes to buying a car is fuel efficiency. Gasoline prices can fluctuate wildly and suddenly, and this can add to the long-term cost of owning a car. So, comparing the fuel economy of different vehicles is very important.
That’s why it has come as a shock to consumers and investors alike when Mitsubishi this week admitted that it has been faking the fuel economy of their cars – for the past 25 years!
The company admitted that it faked the results of fuel economy tests on several hundred thousand cars, including ones that were sold under the Nissan brand name.
The good news – so far – for American consumers is that Mitsubishi has only admitted to falsifying fuel economy tests for vehicles sold in Japan. That said, people are worried that it could eventually come out that they faked fuel economy tests for other vehicles as well.
Mitsubishi stock is down over 10% already, and could fall even further. For the time being, consumers are taking any Mitsubishi fuel economy results with a grain of salt.
We will update this story in the future with any new developments.
In the meantime, if you want to find out about the fuel efficiency of a vehicle you are thinking about buying, you can see our free fuel economy reports.