Latest Takeo Fukui Stories

2009-02-23 11:39:43

Honda Motor Co. said Monday that Senior Managing Director Takanobu Ito will replace Takeo Fukui as president and chief executive officer in June. Ito joined Honda in 1978 in automobile research and development operations as an engineer designing chassis. He was later put in charge of development of the all-aluminum uni-body frame structure for the mid-engine NSX sports car, Honda said in a statement. The uni-body frame structure was a first for vehicle production of mass volume. It first...

2008-12-05 14:19:24

The Honda Motor Co. Friday announced it has withdrawn its sponsorship on the Formula One auto racing circuit because of widespread economic uncertainties. Honda's chief executive officer, Takeo Fukui, said at a Tokyo news conference Friday the company -- the world's largest automaker -- experienced a 34 percent sales drop in November from last year, and that its F1 racing team is for sale. This difficult decision has been made in light of the quickly deteriorating environment facing the...

2006-05-17 02:24:00

By Chang-Ran Kim, Asia auto correspondent TOKYO (Reuters) - Honda Motor Co. outlined an aggressive expansion plan on Wednesday that will see new car plants in the United States and Japan to power it to a fresh global sales forecast of at least 4.5 million cars in 2010. Japan's third-biggest auto maker is capturing customers in every corner of the world with its strong brand image and fleet of fuel-efficient products, pushing car sales to a record 3.39 million units in the year ended...

2006-05-16 22:22:21

TOKYO (Reuters) - Honda Motor Co. said on Wednesday it will build new plants in Japan, the United States and Canada. President and Chief Executive Takeo Fukui said the new U.S. plant would cost $400 million and would start operating in 2008. It would have a capacity of 200,000 units and a work force of more than 1,500. He said he could not yet disclose its location. Honda will also build a new 200,000 unit per year engine plant in Canada for $140 million, to start production in 2008....

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