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Honda CEO Ito surprisingly resigns, to be replaced by engineer


The third largest Japanese automaker, Honda Motor, surprisingly announced that its current chief executive officer - Takanobu Ito – would vacate the post in late June after six years running the carmaker. The automaker also added that the appointed successor would be Managing Officer Takahiro Hachigo, a low-profile engineer that has global experience. The announcement comes after several misses by the ...
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US: GM’s new general counsel comes from LyondellBasell
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Autoliv to reach production of 25 million airbags to replace defective Takata units
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Nissan 370Z replacement to get several engine choices
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Takata says Mexico plant issues would be settled by January
The Mexican government identified 171 minor problems at the factory owned by Japan’s Takata Corp – though none of the lapses have anything to do with the supplier’s airbag crisis. Anyways, ...
Maserati GranCabrio to be axed
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Honda’s move to Autoliv signals beginning of rupture with Takata ties?
The third-largest Japanese automaker has been the No. 1 customer for the auto safety parts supplier Takata Corp, but as the airbag auto safety crisis deepens globally, their more than ...

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