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Resource ID: #17322
Subject: Automobiles
Source: Automotive News
Affiliation: 
Date: September 18 and October 16

$0.00

Description

"The articles detailed the disclosures and admissions by Mitsubishi Motor Sales of America national and regional managers and dealers that the automaker had fraudulently inflated its U.S. vehicle sales numbers, in order to achieve volume targets and overstate the health of the company. The falsifications used actual vehicle identification numbers of Mitsubishi cars and trucks later purchased by unknowing consumers. When the vehicles were legitimately purchased, the original fake sales were not reversed, meaning thousands of Mitsubishi buyers had been defrauded out of months of warranty coverage." This story increased investigation by the Florida Attorney General and lead to a 15-count subpoena against Mitsubishi. In addition, it "lead to several states' opening investigations of Mitsubishi's questionable sales practices."

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