Subaru at gunpoint - who's next?

The era of exemplary automotive industry in Japan is drawing to a close. A series of scandals related to forgery at the enterprises of the country of the Rising Sun was continued in the person of the Subaru brand. Recall that over the 2017 year, Mitsubishi, Takata and Kobe Steel suffered from violations in testing cars coming off the assembly lines.

Subaru at gunpoint - who's next?

It all started with auditors who, having studied the inspection of finished cars, lost the logical chain and found that the fuel consumption indicators were not checked, since the company did not have a corresponding position. And in the documentation, murals were left by workers who did not have access to such operations.

On the same discrepancy, the Mitsubishi Motors brand “pierced”, which last year fell under government sanctions. And having lost the value of securities, he was absorbed by Renault-Nissan. By the way, Nissan talked about forgery with checking electronics in Mitsubishi cars. As for the Subaru brand, Toyota audiences hurried to “tart” auditors here, for which the Subaru concern releases GT86 sports cars.

Subaru President, Yasuyuki Yoshinaga, acknowledged the presence of violations at the enterprise and promised to fix the problem as soon as possible. Official recognition cost the brand a fall in shares by 10% on the very first day and experts do not exclude the possibility that after the adoption of government sanctions on the company, securities will become cheaper. One can only guess whether this is a coincidence, or a cunning plan related to the acquisition of a sold brand.