Wednesday 18 May 2016

Mitsubishi president steps down over test-fixing scandal

Tetsuro Aikawa resigns as rival Suzuki says it has also found discrepancies in its fuel economy testing

The president of Mitsubishi Motors is to step down over the Japanese carmaker’s test-fixing scandal.

Tetsuro Aikawa, who became the company’s president and chief operating officer in June 2014, has denied any personal involvement in the scandal – which involved 625,000 cars over 25 years – but has apologised to customers and shareholders. His resignation is expected to take effect on 24 June, once it is approved by shareholders. A successor is yet to be announced.

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