Mitsubishi stock plummets as Japan officials raid facility
  • 8 years ago
Japanese officials raided a facility owned by Mitsubishi on Thursday as the fallout from the car manufacturers’ admission to overstating the fuel efficiency of 625,000 of its cars takes its toll A spokeswoman for the company said the raid by the Japanese Transport Ministry will continue on Friday The stock has plummeted so that it has lost a third of its value, or roughly $2.5 billion
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