Around the Net
Honda Appoints First Quality Czar; Execs Cut Pay
- Automotive News, Thursday, October 23, 2014 9:33 AM
Dealing with its fifth recall in a year of its Fit small car, Honda Motor Co. has appointed its first quality czar. And, not being a U.S. company where this would never happen, its top executives will take pay cuts for three months to take responsibility. President Takanobu Ito, who will take a 20% pay cut for the three-month period, appointed Koichi Fukuo as the company’s quality reformer. The recalls haven't affected U.S. Fits.
