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Suzuki chairman steps down as CEO

Slowing down: Eighty six year old Suzuki Motor Corporation chairman and chief executive Osamu Suzuki has quit as CEO but stays on as chairman.

Osamu Suzuki resigns as CEO, chief tech officer to retire amid fuel economy scandal

Suzuki logo17 Jun 2016

By TERRY MARTIN

- 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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