Suzuki Plans CEO Resignation, Pay Cuts on Faulty Mileage Testing

  • Chairman Osamu Suzuki plans to cede role of CEO as of June 29
  • Executive Vice President to step down over improper tests

Osamu Suzuki.

Photographer: Tomohiro Ohsumi/Bloomberg

Suzuki Motor Corp. Chairman Osamu Suzuki plans to cede the role of chief executive officer and one of his top deputies will resign after the automaker admitted to using unapproved fuel-economy testing methods in Japan.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.