Subaru to replace president after faulty inspections scandal

The Subaru Legacy 2.5 GT sedan in Detroit, Michigan. AFP PHOTO | Bryan Mitchell | Getty Images

Automaker Subaru Corp said it was replacing its president and overhauling its board after an inspections scandal, part of a string of compliance failings that surfaced last year and hit Japan Inc’s reputation for quality control.

Yasuyuki Yoshinaga will step down as president and be replaced by Corporate Executive Vice President Tomomi Nakamura after approval at a shareholders’ meeting in June, the company said.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.