"Unlicensed Quality Inspection Door" Fermentation Subaru's stock price fell by more than 7%


The Japanese auto company Subaru (Tokyo Stock Exchange code: 7270) issued a statement on the 20th, saying that some inspection employees told external investigators that the mileage of some models was tampered with in the final quality inspection process. Affected by this, the company's share price dropped by more than 7% to 3478 yen, a record low for the year.

Japanese media also reported on the same day that the fuel efficiency test data Subaru submitted to the government investigation department may be false, and employees may forge data to meet the mileage data given to the investigation department.

The company disclosed in October that its general factory and Yajima Plant in Gunma Prefecture used unqualified inspection staff to carry out full-vehicle quality inspections of new vehicles. This behavior lasted for about 30 years. According to the relevant regulations, the quality inspection of the entire vehicle before leaving the factory must be completed by formal inspection staff, but the factory involved in the inspection will be responsible for some of the inspection work to the intern employees who have not yet qualified.

Subaru became the second car company after the Nissan Motor Co., Ltd., involved in the scandal of “no license inspection”. In September this year, the Ministry of Land, Infrastructure and Transport of Japan conducted a surprise inspection of Nissan's auto manufacturing plants in Japan and found that they used unqualified personnel to carry out automobile quality inspections. After the scandal was exposed, the Ministry of Land, Infrastructure, Transport and Tourism asked major Japanese car companies to conduct internal investigations. Subaru discovered this problem in the process.



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