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News from the USABack

HondaLogoHonda CEO Revamps Carmaker That’s Expanded `Beyond Our Means’

Honda Motor Co. will overhaul vehicle development after trying to introduce models too fast and expand too quickly, with Chief Executive Officer Takahiro Hachigo reshaping the carmaker amid lingering quality problems. Japan’s third-largest automaker was “driven to launch models optimized for each region at a pace and scale beyond our means,” Hachigo, 56, said Wednesday, after sweeping management changes including the resignation of Honda’s chairman and the CEO’s second-in-command. The automaker will shake up its product-development structure, create new positions to supervise designs and clarify roles for quality, sales and other divisions. Hachigo is looking to revamp Honda one year after succeeding Takanobu Ito, who stepped down as CEO after missteps with product introductions.

Source: Bloomberg

DetroitPressAudi, Subaru Score, FCA Brands Lag in Consumer Reports

Subaru scored big in Consumer Reports annual automotive brand ranking and the magazine’s “top picks

Consumer Reports said Tuesday that car buyers don’t need to spend big bucks to get the best cars even though premium and luxury brands took four of the top five spots in the magazine’s annual ranking of the best automotive brands. Out of 30 automotive brands, Consumer Reports ranked Audi first with Subaru, Lexus, Porsche and BMW also in the top five in that order. Meanwhile, Fiat Chrysler Automobiles brands had an especially bad showing this year as all four brands ranked by the magazine finished at or near the bottom. “It’s not enough to make cars that drive and handle well. Consumers are best served when those vehicles are also highly reliable and safe,” Jake Fisher, Consumer Reports director of automotive testing, said in a statement.

Source: Detroit Free Press

Posted by Sue Robinson on 26/02/2016