Mitsubishi Motors president steps down over fuel scandal
Thu May 19, 2016 01:58:pm Business
2.7K By sosa hills
Mitsubishi Motors has announced its president, Tetsuro Aikawa, will step down in the wake of the company's test-fixing scandal.
The Japanese carmaker has already admitted that it has been falsifying fuel efficiency tests for decades.
After Mitsubishi's share price slumped by more than 50%, fellow carmaker Nissan moved in to take a controlling stake in Mitsubishi.
In April, Mitsubishi Motors admitted it had rigged tests for the past 25 years.
Regulations changed in 1991 to better reflect stop-start urban driving, but Mitsubishi failed to heed the change.
Meanwhile, fellow Japanese carmaker Suzuki has said it has found "discrepancies" in its fuel and emissions testing, but denies cheating.
The Japanese carmaker has already admitted that it has been falsifying fuel efficiency tests for decades.
After Mitsubishi's share price slumped by more than 50%, fellow carmaker Nissan moved in to take a controlling stake in Mitsubishi.
In April, Mitsubishi Motors admitted it had rigged tests for the past 25 years.
Regulations changed in 1991 to better reflect stop-start urban driving, but Mitsubishi failed to heed the change.
Meanwhile, fellow Japanese carmaker Suzuki has said it has found "discrepancies" in its fuel and emissions testing, but denies cheating.
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