The president of Mitsubishi Motors is stepping down after the company s admission that it cheated on fuel economy tests in Japan, a new report claims.
Current president Tetsuro Aikawa s post will be filled by Mitsubishi CEO Osamu Masuko, according to the Nikkei Asian Review via Automotive News .
Masuko will reportedly handle presidential responsibilities until Nissan s purchase of a 34 percent stake in Mitsubishi is finalized.
Mitsubishi used its own testing procedures on certain models for years, yielding higher fuel economy results than would have been achieved with the testing methods mandated by the Japanese government.
The U.S. National Highway Traffic Safety Administration subsequently requested information on fuel economy testing from Mitsubishi.
Carlos Ghosn, CEO of Nissan and partner Renault, said the intention is to help Mitsubishi overcome the fuel economy scandal and incorporate it into the Renault Nissan Alliance.