Mitsubishi eK Wagon

Mitsubishi Motors to record 50 billion yen in extraordinary losses as compensation for fuel economy scandal

On June 17, Mitsubishi Motors Corporation announced that it expects to include approximately 50 billion yen in extraordinary losses on the financial results for the fiscal year ending March 31, 2017, as compensation to customers in regards to its fuel economy scandal.

The 50 billion yen includes around 3 billion yen as compensation for five registered models, in addition to the four mini cars that are a part of this scandal. As for the four Mitsubishi and Nissan mini cars, approximately 15 billion yen has already been set aside in the previous fiscal year for the compensation.

Moreover, the earnings estimates for this fiscal year will be revealed as soon as the estimates for non-compensatory expenses, which are currently being evaluated, are announced.