Suzuki shares plunge after flawed fuel-efficiency test

The shares tumbled as much as 15%, their worst intraday drop in 16 years

Suzuki tumbled as much as 15%, its worst intraday drop in 16 years Pic: Getty

Suzuki plunged after saying it used an improper method to test the fuel efficiency of its vehicles, widening a scandal for Japan’scar industry that first originated with Mitsubishi Motors.

Chairman Osamu Suzuki will report the issue to Japan’s transport ministry on Wednesday, spokesman Hidehiro Hirano said. The company hasn’t found a flaw affecting the fuel efficiency of Suzuki vehicles, he said, without elaborating. Suzuki, 86, will brief reporters at 4 p.m. Tokyo time, ...