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takanobu ito

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    Report: Honda execs take 'quality-related' pay cut after Fit Hybrid's 5th recall
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    Generally, the best policy in life is to admit when you're wrong and just accept the consequences. However, that attitude generally seems to be a bit less common in the world of business – at least without some government or legal prodding. So, it's especially surprising to learn that top ...

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    Report: Honda boss says Chinese drivers don't want green cars
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    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 ...

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    Official: Honda overhauls North American operations with eye towards more autonomy
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    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 ...

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    Automotive News names its industry All-Stars
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    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 ...

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    Report: Honda CEO expects Fit sales to increase fourfold to 200,000
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    Automotive News reports Honda expects the popularity of its Fit subcompact to grow significantly over the next four years. President Takanobu Ito says he expects the model and its variations to sell around 200,000 units per year in North America by 2016. That's up from 64,177 units in 2011. The ...

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    Official: Honda CEO confirms return of Civic Type R, announces new Fit-based CUV and super sports bike
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    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 the U.S. news was ...

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    Report: Honda "envious" of Nissan's Qashqai, ponders rival
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    Honda hasn't been profitable in Europe since 2007, and would like to break the two-percent 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 ...

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    Report: Honda CEO takes responsibility for poor reception of redesigned Civic
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    There are plenty of ways to know an automaker has made a misstep. Diminished sales and high inventory are typical markers of a lackluster model, as is a paucity of critical acclaim. All three factors are currently weighting on the 2012 Honda Civic. And while stopping short of an actual apology, ...

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    Report: Honda to cut Japanese production in half over next decade
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    Last year, 34 percent 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 percent over the next ...

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    Rumormill: Honda confirms NSX, again, again
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    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 ...

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    Report: Honda NSX development soldiers on
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    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 rumors that the project has been taken off the shelf, but this is the first time we can recall reading direct quotes from ...

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    Honda CEO Takanobu Ito used CB1000 motorcycle to tour quake area
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    The March 11th 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 ...

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    Five questions we're asking auto execs at the start of 2011. What are yours?
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    The Detroit Auto Show is coming up. After that, we go to the Chicago Auto Show. Then New York and maybe Geneva. We are going to hob-knob with most of the auto industry titans: CEOs, Design Chiefs, Product Development Bosses. We will be at dinners, group interviews, one-on-one interviews and ...

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    Honda CEO Takanobu Ito announces that Acura will add a hybrid
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    During the unveiling of the CR-Z at the Detroit Auto Show, Honda CEO Takanobu Ito announced that Acura will be adding a hybrid drivetrain to its models. Ito gave no further insights as to timing or which vehicles would get the systems, but it's safe to speculate that the TSX and TL sedans would ...

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    Honda CEO: We will build affordable and green sports cars, not like the Lexus LF-A
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    Following our time visiting this week's Tokyo Motor Show, we had the opportunity to sit down for a small group interview at Honda's world headquarters with freshly-minted CEO Takanobu Ito, who took over the reigns at Honda from Takeo Fukui just this past June. Among the questions posed to Ito-san ...

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    REPORT: Honda likely to build Fit in the U.S.
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    Honda Fit Sport - click above image for hi-res gallery
    What goes up, must come down. And in this situation, Japan's yen has gone up when compared to our dollar -- about eight percent since August. And with the yen's rise in value, the profitability of low margin cars like the Honda Fit goes down. ...

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