Cars in India | Autoportal.com
Select City

Suzuki CEO, Osamu Suzuki to Step Down over False Mileage Tests

Suzuki CEO, Osamu Suzuki to Step Down over False Mileage Tests

Snapshot: The company also announced pay cuts for its directors in the aftermath of the mileage testing controversy.

- Comments    |    Write Comment

Maruti’s parent company, Suzuki Motor Corporation said its Chairman and CEO Osamu Suzuki will give up the CEO position while announcing pay cuts for its directors in the aftermath of the mileage testing controversy. The company also said that its Executive Vice-President Osamu Honda will also retire, apologizing for the improper conduct in application of driving resistance, different from regulations by the Ministry of Land, Infrastructure, Transport and Tourism.

Checkout the Current Offers and Discounts on Maruti, Fiat, Honda & Volkswagen Cars for June 2016!

The company said in a statement, “The change of Representative Directors and reduction of compensation for the management is to clarify the responsibility of the management against the improper conduct in application of driving resistance, different from regulations by MLIT.”

Suzuki, who has led the company for nearly four decades, acknowledged that during the past few years it had become difficult to oversee all of the company's operations on his own and will give up his CEO title. Osamu Honda, a Representative Director and Executive Vice-President, Chief Technology Officer will retire on June 29 subject to approval of shareholders at the 150th Ordinary General Meeting, SMC said. Suzuki, 86, will remain as chairman, but his narrower role is a recognition of responsibility for a testing error the company previously shrugged off. 

The company said in a statement that “it will promptly work on measures to prevent recurrence of such an incident in future”, SMC said, “We express once again our deep apologies to our customers, clients and all stakeholders for any inconveniences and concerns caused.”

Related car news

  • Maruti Suzuki sold over 110,000 Vitara Brezza in India 27-03-2017 Davender Soni Maruti Suzuki sold over 110,000 Vitara Brezza in India
  • 2017 Maruti Suzuki Ciaz to be sold through Nexa; variants revealed 23-03-2017 Davender Soni 2017 Maruti Suzuki Ciaz to be sold through Nexa; variants re...
  • Maruti Suzuki sales network crosses 2000 mark 20-03-2017 Davender Soni Maruti Suzuki sales network crosses 2000 mark
  • Next-gen Maruti Suzuki Swift Dzire spied testing in India 17-03-2017 Davender Soni Next-gen Maruti Suzuki Swift Dzire spied testing in India
  • Maruti Suzuki to launch 4 new cars in next fiscal 10-03-2017 Davender Soni Maruti Suzuki to launch 4 new cars in next fiscal
  • Maruti Suzuki inaugurates 4th Water ATM in Manesar 21-02-2017 Mayank Maruti Suzuki inaugurates 4th Water ATM in Manesar


Helpline