Suzuki chairman to receive no pay for one year

Business / Corporate May 29, 2019

Suzuki chairman to receive no pay for one year

Suzuki Motor Corp. Chairman Osamu Suzuki will not receive executive remuneration for a one-year period starting in July as part of disciplinary measures following revelations of improper vehicle inspections, the automaker said Tuesday. President Toshihiro Suzuki will receive a 50 percent pay cut for six ...

Mitsubishi Fuso recalls 40,000 vehicles due to engine trouble

Business / Corporate Apr 16, 2019

Mitsubishi Fuso recalls 40,000 vehicles due to engine trouble

Mitsubishi Fuso Truck and Bus Corp. informed the transport ministry Tuesday it will recall 40,316 vehicles due to fears over potential engine trouble. The recall affects five models, including the Super Great truck, produced between March 2010 and August 2017. According to the ministry, Mitsubishi Fuso ...

BMW faces criminal probe in South Korea over engine fires

Business Dec 24, 2018

BMW faces criminal probe in South Korea over engine fires

BMW AG is facing a criminal probe in South Korea after investigators concluded the manufacturer concealed fire hazards and delayed recalls for a problem that has dented sales and its reputation in the Asian country. South Korea's transport ministry plans to ask prosecutors to investigate ...