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 ...

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 ...

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 ...

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 ...

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, ...

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 ...

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 rumors that the project has been taken off the shelf, but this is the first time we can recall reading direct quotes from ...