Suzuki chairman steps down as CEO

- Suzuki Motor Corporation chairman and chief executive Osamu Suzuki will step down as CEO in the wake of revelations that the company falsified fuel economy tests in Japan.

- The move, which is subject to approval by shareholders at the company’s annual general meeting on June 29, comes less than a month after Mitsubishi Motors Corporation president Tetsuro Aikawa fell on his sword after admitting to fuel consumption data manipulation stretching back 25 years.

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