Takanobu Ito to become Honda’s CEO in June

Posted: Feb 23, 2009
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During the change in power at Toyota Motor Corp. in June, Honda Motor Corp. will follow with its own change in leadership. Takanobu Ito, currently head of global automotive operations, will replace Takeo Fukui as CEO starting in June as the company faces tough economic times, declining sales and a strong yen.

Fukui, who is now 64-years old, has been CEO of Honda since 2003. Ito, 55, joined the Japanese automaker in 1978 working for its research and development department. He later worked on projects such as developing an all-aluminum unibody for the NSX supercar.

Fukui will remain on the board and will play advisor to Ito.

Akio Toyoda, grandson of the founder of Toyota, will become Toyota’s new CEO in June. He will replace Katsuaki Watanbe becoming the youngest CEO in Toyota’s history.

Source: MSNBC


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  • Baragon

    Many complained Fukui was too conservative & caused Honda to become more boring. Altho Ito may seem a bit more adventurous, the economic climate may prohibit him from doing anything profound.

  • Pat

    Boring? The new Honda Accord, Fit and the Civic are far from boring. Ito can't bring back the NSX at this time. The economy won't allow him to

  • Ivan Gutierrez

    I don't know why but that dialogue bubble is so funny.

  • Ivan Gutierrez

    Pat I'm sorry but I consider the Honda Accord the second most boring car in its class next to the Camry. I suppose the other two are somewhat different and original. On the other hand, I think Honda owners will buy anything so long as it has a Honda logo on the grill or hood. I don't think Honda buyers are that interested in style as much as say Nissan owners.

  • Pat

    Okay would you rather go for the 2008 Honda Accord or the Toyota Camry or Chevrolet Malibu?

  • Ivan Gutierrez

    I'd definately go for the Malibu. It looks way better than the other two especially in LTZ trim. Even if its not the best in its class, I haven't heard any horror stories from the new Malibu. And no, I'm not a Honda or Toyota customer.

  • Pat

    Okay would you rather go for the 2008 Honda Accord or the Toyota Camry or Chevrolet Malibu?

  • Ivan Gutierrez

    I'd definately go for the Malibu. It looks way better than the other two especially in LTZ trim. Even if its not the best in its class, I haven't heard any horror stories from the new Malibu. And no, I'm not a Honda or Toyota customer.