Flawed Fuel-Efficiency Test in 2.1 Million Suzuki Cars
This could impact Suzuki’s India operations as nearly half of the Suzuki’s sales happen in India.
Aakruti Jagmohan
Car and Bike
Updated:
Suzuki Motor Corp. Chairman and Chief Executive Osamu Suzuki, center, bows with president Toshihiro Suzuki, right, and vice president Osamu Honda during a press conference in Tokyo, Wednesday, 18 May 2016. (Photo: AP)
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Shares of Suzuki Motor Corp. plunged 11 percent in the Tokyo stock exchange after the company admitted it used improper fuel economy testing methods that affected 2.1 million cars.
This could impact Suzuki’s India operations as nearly half of the Suzuki’s sales happen in India. Shares of Maruti tanked 4 percent, hit by the scandal.
This comes just days after another Japanese automotive major, Mitsubishi Motors, pleaded guilty to having fudged the fuel efficiency data.
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