Tetsuro Aikawa (born 17 April 1954) is a Japanese businessman, the president, chief operating officer (COO) and a representative director of Mitsubishi Motors Corporation (MMC) since 25 June 2014.[1]
In April 2016, Aikawa led the announcement that Mitsubishi Motors had falsified fuel economy data for more than 600,000 vehicles made for Nissan and sold in Japan. Aikawa said that he was personally unaware, yet felt responsible.[2][3][4] Bloomberg reported that Aikawa and other MMC executives attended meetings where fuel economy targets for the affected minicars were raised.[5] During development of those minicars, the fuel economy targets were raised five times in two years, from an initial target of 26.4 km per liter to 29.2 km (18.14 miles) per liter.[6]
In May 2016, Mitsubishi Motors announced Aikawa to resign as the president of the company with effect from June. Both Mitsubishi Motors and Aikawa denied any top management involvement in the mileage scandal.[7]
- ^ "List of Public Companies Worldwide, Letter - Businessweek - Businessweek". Bloomberg.com. Retrieved 2016-04-21.
- ^ "Mitsubishi Motors admits falsifying fuel economy tests". BBC News. Retrieved 2016-04-21.
- ^ "Mitsubishi Motors Corp's President Tetsuro Aikawa bows deeply with other company executives during a news conference to brief about issues of misconduct in fuel economy tests at the Land, Infrastructure, Transport and Tourism Ministry in Tokyo, Japan | View photo - Yahoo Finance UK". Uk.finance.yahoo.com. 2016-04-20. Retrieved 2016-04-21.
- ^ "'Shameful' Mitsubishi Fraud Risks Pushing Carmaker to Brink". Bloomberg.com. 2016-04-20. Retrieved 2016-04-21.
- ^ Masatsugu, Horie; Monami, Yui. "Mitsubishi Motors' Improper Mileage Tests Date Back to 1991". Bloomberg. Retrieved 26 April 2016.
- ^ Tajitsu, Naomi (Apr 26, 2016). "Mitsubishi Motors says cheated on mileage tests for 25 years". Reuters. Retrieved 27 April 2016.
- ^ Yuri, Kageyama (18 May 2016). "Mitsubishi Motors president to resign over mileage scandal". AP. Retrieved 18 May 2016.