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Suzuki admits it used wrong mileage tests on 2.1mn cars

Tokyo / Bloomberg Suzuki Motor Corp. said it used fuel-economy testing methods that weren’t compliant with Japan regulations on about 2.1 million vehicles sold locally. The automaker said it won’t need to revise the ratings, as proper testing showed earlier results were within an acceptable range of deviation. Suzuki used a tunnel to test the fuel efficiency of its vehicles ...

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Mitsubishi Motors chief quits

  Tokyo / Bloomberg Mitsubishi Motors Corp. President Tetsuro Aikawa will step down as the Japanese automaker looks to regroup from its widening fuel economy testing scandal with the backing of Nissan Motor Co. Aikawa, 62, and Executive Vice President Ryugo Nakao will leave their positions effective June 24, according to a statement Wednesday. Mitsubishi Motors used “desktop calculations” to ...

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Foxconn to buy Microsoft feature phones for $350mn

  Washington / Bloomberg Microsoft Corp. agreed to sell its feature phone business to FIH Mobile Ltd. and HMD Global for $350 million, exiting a business that once dominated the mobile market under the Nokia name before Apple Inc.’s iPhone. FIH, part of Foxconn Technology Group, will also acquire a manufacturing facility in Hanoi, Microsoft said in a statement on ...

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