takanobu ito

According to The Wall Street Journal, Honda CEO Takanobu Ito believes that China's nascent car-buying demographic isn't all that interested in hybrid cars – at least not yet. The emissions story doesn't resonate with them, and certainly not for the higher purchase premium such models ...

The increasing sales success of Honda North America (HNA) has led to Honda brass in Japan reorganizing regional operations here. The management shuffling here and in Japan is intended to both streamline and confer more responsibility on HNA "as the region assumes a larger role in shaping Honda's ...

Automotive News has announced its annual list of Industry All-Stars. This year, the theme is apparently "success in the face of economic uncertainty," or something of that liking. The list points to executives who have led their respective brands and automakers to positive sales in spite of the ...

With a goal of earning 39 million global customers across its power equipment, automobile and motorcycle line of products by 2017, Honda CEO Takanobu Ito announced a handful of exciting new models for the latter two that range from high performance to fuel efficient. While North American news was ...

Honda hasn't been profitable in Europe since 2007, and would like to break the two-per cent market-share barrier in the EU and Russia. To do that, it is looking at a rival to Nissan's Qashqai. Nissan's compact CUV alone outsold the entire Honda lineup in Europe in the first nine months of this ...

There are plenty of ways to know an automaker has made a misstep. Low sales and high inventory are typical markers of a lackluster model, but it's more rare for a company's CEO to come out and offer a full apology for failing to deliver a worthwhile vehicle. That's exactly what Honda CEO Takanobu ...

Last year, 34 per cent of all Honda vehicles sold around the globe were produced in Japan, but that number could change drastically over the next decade. Reuters reports that Honda CEO Takanobu Ito told Japan's Asahi newspaper that the automaker will drop its exports to 10-20 per cent over the ...

The original Acura NSX was an enthusiast's dream car come true. It had supercar looks, a lightweight aluminum chassis and a big chunk of Honda engineering soul. Unfortunately, the original NSX went through life without many adjustments, and Honda's supercar dream died quietly in 2005. To be more ...

Automotive News reports that the long-dead NSX is back under development after its spiritual successor was sent to the round file in 2008. We've heard an increasing chorus of rumours that the project has been taken off the shelf, but this is the first time we can recall reading direct quotes from ...

The March 11 earthquake and tsunami in Japan hit Honda hard, as production was down for weeks and the automaker's research and development center was badly damaged. In fact, the quake damaged the Tochigi facility so badly that one employee died and 17 others were injured after a cafeteria wall ...