Saturday, July 20, 2024
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SUZUKI SUPREMO QUITS

Osamu Suzuki, who has headed up Suzuki Motor Corporation for more than 40 years, has stepped down from his position as chief executive in the wake of a fuel-economy testing scandal engulfing the company. His successor will be appointed after Suzuki’s AGM at the end of June.

Suzuki says that its vice-president in charge of technology Osamu Honda, who was more directly associated with the irregular testing regime, has resigned as well. All remaining Suzuki senior managers have been deprived of their summer bonuses and had pay cuts of up to 40% for six months imposed upon them.

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