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           Mitsubishi President Steps Down Over Fuel Economy Scandal

   by VOA News

   Japanese automaker Mitsubishi's president is stepping down, controversy
   erupted last month over a mileage cheating scandal.

   Testuro Aikawa appeared with Mitsubishi Chairman Osamu Masuko Wednesday
   to announce his departure from company, taking responsibility for the
   scandal. However, he told reporters that he intends to see the
   investigation through.

   Last month, Mitsubishi admitted that several of its employees
   exaggerated the numbers on its fuel economy data, making several models
   appear to get better gas mileage than they actually do.

   Some of the cars with manipulated data showed fuel economy that was
   about 15 percent better than in reality.

   ''

   Mitsubishi, the world's sixth-largest automaker, lost about half of its
   market value after news of the fuel-rigging scandal broke. A recent
   deal brokered with Nissan, in which Nissan would take a 34 percent
   stake in Mitsubishi, will not be finalized until the investigation is
   completed.

   The company is no stranger to scandal, nearly going out of business
   after admitting back in 2000 that it covered up major safety defects
   for several decades.
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   [1]http://www.voanews.com/content/mitsubishi-president-steps-down/33352
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References

   1. http://www.voanews.com/content/mitsubishi-president-steps-down/3335244.html