Mitsubishi’s President Tetsuro Aikawa will leave the company, as he takes full responsibility for the fuel-economy scandal.
These have been stormy days for the Japanese automotive industry, peaking on Wednesday with two major blows. First, it was Suzuki’s admission of providing uncompliant fuel-economy data to the regulators for all its cars sold in Japan. But another announcement shortly followed, as Mitsubishi Motors President Tetsuro Aikawa said he would take full responsibility for the fuel economy testing scandal and he would resign effective June 24. But Aikawa will not by the only one stepping down, as Executive Vice President Ryugo Nakao will also leave the company.
“MMC has caused tremendous trouble and concern to our customers and all of our stakeholders. Considering this, Mr. Aikawa and Mr. Nakao decided today that they will resign as Representative Directors as of June 24, 2016,” the automaker said in statement. Osamu Masuko will stay as Chief Executive for now, but he said he would voluntarily give up on pay until the company formed a new management team.
Mitsubishi, which will have Nissan as its largest shareholder after the 2.2-billion-dollar deal for a 34 percent stake, said it used “desktop calculations” to determine the fuel economy on some of its models, including the Outlander plug-in hybrid, and did not make any tests on the RVR sport utility vehicle. It also admitted it kept on using unorthodox testing methods, because the results showed a deviation of only 2.3 percent or lower.