Honda Solidifies Its Existing Businesses

Honda Motor Company President Toshihiro Mibe’s first press conference, held April 23rd, was where he committed to solidifying Honda’s existing businesses.

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Honda CEO Stepping Down, R&D Head Stepping Up

Honda has announced that CEO Takahiro Hachigo will be succeeded by the automaker’s head of research and development, Toshihiro Mibe. The company’s board held a meeting on Friday to finalize the decision, noting in a release that Mibe would officially be taking over leadership responsibilities on April 1st. A resolution of the general shareholder meeting is scheduled for June 2021, at which point Hachigo is assumed to be retiring from the business.

Mibe joined Honda’s engineering team in 1987 and had worked his way up to head of R&D in 2019. Since 2020, he’s also been working as the brand’s senior managing director. He’s to be tasked with taking the manufacturer into “the next era” — which we’re guessing entails strengthening its commitment to electric vehicles. Though the manufacturer also stated that “a new value system is spreading all around the world” adding that this change in management would help reflect that as it strives to solve social issues.

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  • Corey Lewis Terribly unsafe in a crash. Almost to the point where I can't believe they sold them here.
  • Johnster My understanding is that the Mark VI Coupe was built on the shorter 114" wheelbase shared with the Panther-based LTD and Marquis, while the Mark VI sedan was built on the longer 119" wheelbase used by both the Continental Coupe and Sedan, and that the Mark VI Coupe was then slightly shorter and smaller than the Continental Coupe.
  • Varezhka Ugh, had one as a rental and no wonder they disappeared quickly.Now they still have the current gen. Quest as a Nissan Elgrand in the home market, but even in the minivan heaven that is Japan (where minivan has a 20% marketshare as a bodystyle) they only sell 2~3000 units annually.
  • Fred Look at me! I drive a weird truck thing made by a guy who is losing money running Twitter.
  • Fred The mid-engine Vette hasn't been as successful as the previous race car. They did just come in 2nd at Daytona 24hrs but I'm not sure it's enough for buyers to line up.