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Subaru CEO returns his pay after inspection scandal

Posted On :  20-Dec-2017

Tokyo: The CEO of Japan automaker Subaru said Thursday he and all other executives would return part with their pay until next March following an inspection scandal at the company.

Last month Subaru recalled 395, 000 vehicles from the domestic market after announcing in March that it had allowed uncertified staff to execute inspections of choices.

"All executives will voluntarily returning part of their pay, " CEO Yasuyuki Yoshinaga told a press seminar. The embarrassing admissions have hurt Japan's auto industry, once the envy of the world due to its just-in-time manufacturing and near-obsessive give attention to frequent improvement.



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