Suzuki Motor Corp says it has used improper fuel economy testing methods, sending its shares tumbling as a mileage cheating scandal in Japan that has engulfed Mitsubishi Motors Corp widened. Hayley Platt reports.
First VW, then Mitsubishi - now Suzuki is in trouble with auto regulators. Their misdemeanor - improper fuel economy tests on more than 2 million Japanese vehicles. Shares in the automaker - Japan's fourth largest - initially plunged 15 percent on the news. Then came the public confession. (SOUNDBITE) (Japanese) SUZUKI MOTOR CHAIRMAN AND CHIEF EXECUTIVE OFFICER, OSAMU SUZUKI, SAYING: "We deeply apologize for not abiding by existing regulations when carrying out tests" But Suzuki says there's no need to amend the data. (SOUNDBITE) (Japanese) SUZUKI MOTOR CHAIRMAN AND CHIEF EXECUTIVE OFFICER, OSAMU SUZUKI, SAYING: "We have been able to determine that our company's fuel efficiency results have no problems and we have notified the Ministry of Transport." The automaker specialises in mini vehicles, with engines of up to 660cc It gets preferential tax treatment under Japanese law and makes one in three of all mini vehicles sold in the country. Just last month Mitsubishi was making a mileage cheating confession. Its President is now standing down. (SOUNDBITE) (Japanese) MITSUBISHI MOTORS PRESIDENT, TETSURO AIKAWA, SAYING: "I have decided to take full responsibility because unregulatory fuel economy test methods and data manipulation were discovered in cars that were developed while I was head of the research and development department." Mitsubishi recently agreed to sell a one-third stake to Nissan in the wake of the scandal. Wednesday was the deadline for all Japanese automakers to re-submit fuel economy readings to the transport ministry.