Mileage Scandal: Mitsubishi Motors president to resign

A Mitsubishi Motors logo is seen on display at the New York International Auto Show in New York City

Mitsubishi Motors President Tetsuro Aikawa stated on Wednesday that he will resign to take responsibility for the mileage cheating scandal unfolding at the Japanese company. Aikawa has actually rejected individual participation in misdeed, however it is common for executives at major Japanese firms to step down to show remorse. His resignation is anticipated to become […]

Mitsubishi Motors CEO, COO shall resign over mileage scandal

Mitsubishi Motors Corp‘s leading two executives are most likely to resign over the Japanese automaker’s manipulation of fuel economy information, Japanese media reported on Wednesday, in a scandal that has actually downed the company’s market price in half in a week. Chairman and Chief Executive Officer Osamu Masuko has currently informed some affiliated dealers and […]

Mitsubishi Motors’ Improper Mileage Tests Occurred since 1991, states Tetsuro Aikawa

Tetsuro Aikawa, president and chief operating officer of Mitsubishi Motors Corp., arrives for a news conference at the Ministry of Land, Infrastructure, Transport and Tourism in Tokyo, Japan, on Tuesday, April 26, 2016. Mitsubishi Motors said it's improperly tested the fuel economy of its cars for the past quarter century, deepening a crisis that's already wiped out half its market value. Photographer: Tomohiro Ohsumi/Bloomberg *** Local Caption *** Tetsuro Aikawa

Mitsubishi Motors Corp. stated it has poorly tested the fuel economy of its vehicles for the past quarter century, deepening a crisis that’s already eliminated half its market value. The automaker made a panel of three former prosecutors to examine inappropriate testing that goes back as far back as 1991, consisting of the falsification of […]