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Honda to replace its CEO amid air bag crisis, sales drop
2015-02-24 23:50:38| Automakers - Topix.net
The Japanese automaker said Monday that Takanobu Ito, its president and chief executive officer since 2009, will step aside in June and be succeeded by longtime executive Takahiro Hachigo The unexpected decision follows the recalls of more 6.2 million Honda vehicles in the U.S. - and millions of others elsewhere - equipped with air bags made by Japan's Takata Corp. The air bags have inflators that can explode, expelling shards of metal and plastic. At least six deaths and 64 injuries have been linked to the problem worldwide.
Tags: sales
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Category:Automotive