According to the company’s CEO, this company has not produced specific tyres for tests run by the car media in recent years. However, it has apparently been common practice by tyre producers to provide the car media with products that were specifically made for the desired purposes. Management stresses that ‘the Board has never decided on such … schemes that would have encouraged cheating in tests …’. Nevertheless, the company apologises and regrets the mistakes that have been made in the past.

26 Feb 2016
Nokian Renkaat apologises for having cheated in the past

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Nokian Renkaat apologises for having cheated in the past
Nokian Renkaat Oyj (NRE1:WBO) | 0 0 1.9% | Mkt Cap: 5,194m
- Published:
26 Feb 2016 -
Author:
Hans-Peter Wodniok -
Pages:
2 -
According to the company’s CEO, this company has not produced specific tyres for tests run by the car media in recent years. However, it has apparently been common practice by tyre producers to provide the car media with products that were specifically made for the desired purposes. Management stresses that ‘the Board has never decided on such … schemes that would have encouraged cheating in tests …’. Nevertheless, the company apologises and regrets the mistakes that have been made in the past.