This new guy has been with the company since 1978 and has worked R&D on the original NSX. This could be good news. Here's the article from Automotive news.
Automotive News
February 23, 2009 - 2:22 am ET
TOKYO -- Takanobu Ito, head of global automotive operations at Honda Motor Co., has been tapped as the carmaker's next president and CEO starting in June as the company grapples with global sales declines and a strong yen.
Ito, 55, succeeds Takeo Fukui, 64, who has held the post since 2003. The shuffle will be approved at a board of directors' meeting scheduled for late June, Honda said early today.
Fukui will remain on the board and assume a role as adviser.
Ito, currently a senior managing director, joined Honda in 1978 working in research and development. His projects included developing the all-aluminum unibody NSX sports car that went on sale in 1999.
The duties later took him to the United States as executive vice president of Honda R&D Americas. And he later returned to Japan as president and director of Honda R&D Co.
The engineer became chief of Honda's global automobile business in 2007.
In April, Ito will once again be appointed president and director of Honda R&D Co., Honda said. He will hold that position concurrently with his job as president and CEO.
Automotive News
February 23, 2009 - 2:22 am ET
TOKYO -- Takanobu Ito, head of global automotive operations at Honda Motor Co., has been tapped as the carmaker's next president and CEO starting in June as the company grapples with global sales declines and a strong yen.
Ito, 55, succeeds Takeo Fukui, 64, who has held the post since 2003. The shuffle will be approved at a board of directors' meeting scheduled for late June, Honda said early today.
Fukui will remain on the board and assume a role as adviser.
Ito, currently a senior managing director, joined Honda in 1978 working in research and development. His projects included developing the all-aluminum unibody NSX sports car that went on sale in 1999.
The duties later took him to the United States as executive vice president of Honda R&D Americas. And he later returned to Japan as president and director of Honda R&D Co.
The engineer became chief of Honda's global automobile business in 2007.
In April, Ito will once again be appointed president and director of Honda R&D Co., Honda said. He will hold that position concurrently with his job as president and CEO.