Scandal-hit Suzuki chairman and CEO is stepping down at the end of June after admitting to fuel efficiency testing ‘discrepancies.’
The chief technology officer, Osamu Honda has also announced retirement on the 30th, but both departures will need to be approved at a shareholders’ meeting scheduled for the day before.
Suzuki has also announced plans to cut pay by between 10% and 40% for executives that had a role in the testing process of the 16 contentious models.
Although the company was open about its ‘issues’ with its fuel data, it must be seen to be doing something.
The Ministry of Land, Infrastructure, Transport and Tourism, which sets testing standards, has been taking rule breaches very seriously since the Volkswagen emissions scandal erupted.
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