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Dec 10, 2019 Featured
Honda CEO Hachigo seizes the wheel as quality crisis hits profits

How many Accords do you need? He's centralizing and streamlining

At a two-day gathering for Honda's suppliers in March, Chief Executive Takahiro Hachigo sounded the alarm. At the Hotel Higashinihon in Utsunomiya, Hachigo told them the Japanese automaker was facing a crisis after a string of costly recalls and other quality blunders and it needed to plot a new course, according to two people who attended the meeting. Since then, Hachigo has been quietly working on reforms to centralise decision-making by bringing Honda's standalone research & development (R&

Reuters
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