Takeo Fukui

Tokyo, February 23, 2009 - Honda Motor Co., Ltd. (Honda Motor) today announced that Takanobu Ito, currently the company's Senior Managing Director, will become the seventh President & Chief Executive Officer of Honda Motor effective in late June 2009. Takeo Fukui, the current President & CEO, will remain on the board and assume the post of Director and Advisor to Honda Motor. This management succession will occur following the final decision of the Honda Motor Board of Directors after the company's annual shareholders' meeting, scheduled for late June 2009. Ito jo ined Honda in 1978, and began his career in its automobile research and ... Read Full Story

Tokyo, February 23, 2009 - Honda Motor Co., Ltd. (Honda Motor) today announced that Takanobu Ito, currently the company's Senior Managing Director, will become the seventh President & Chief Executive Officer of Honda Motor effective in late June 2009. Takeo Fukui, the current President & CEO, will remain on the board and assume the post of Director and Advisor to Honda Motor. This management succession will occur following the final decision of the Honda Motor Board of Directors after the company's annual shareholders' meeting, scheduled for late June 2009. Ito jo ined Honda in 1978, and began his career in its automobile research and ... Read Full Story

WoW !! This is clearly a sign of the tough economic times ahead when a leading global auto maker like Honda pulls out of Formula 1. They are not just looking to take a year OFF, they are DONE, they want out and are even going as far as looking for a buyer? Honda’s president and CEO Takeo Fukui said, “We, Honda Motor Co. Ltd., have come to the conclusion that we will withdraw from all Formula One activities, making 2008 the last season of participation. Honda, which spent more than £300m a year on F1, said it would also no longer supply the ... Read Full Story

The concept will make its U.S. debut at Los Angeles Auto Show; production version will debut at North American International Auto Show Honda revealed a concept version of its new small hybrid vehicle, named Insight, at the 2008 Paris Motor Show. The new Insight Concept shares styling cues with the Honda FCX Clarity fuel cell vehicle and provides an early look at the highly anticipated five-passenger hybrid vehicle. Takeo Fukui, president and chief executive officer of Honda Motor Co., Ltd., presided over the reveal and presented information about the new vehicle set to go on sale in the spring of 2009. Prior to the ... Read Full Story

By Chris Haak 12.17.2008 Honda President Takeo Fukui has undertaken several dramatic actions today as Honda begins to feel the effects of the global recession and the terrible new car market. Fukui has cut operating profit forecasts again, saying they will fall 81.1% - less than two months after saying they will fall 67.3%. Further, in a [...] Read Full Story