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Takeo Fukui

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Honda to cut 10% salary of its top brass

Japanese automaker Honda has decided to cut monthly remuneration of its managers by 10 per cent from January 2009 as the auto industry is reeling under pressure due to the global economic slowdown.......

Price cut may clear Civic Hybrid inventory

The special discount of Rs 800,000 offered on the Honda Civic Hybrid is not sustainable by the car-maker and could be a strategy to clean up its inventory. On Wednesday, Honda had cut the price of......

Here's the new Honda City!

Car maker Honda Siel Cars India on Thursday launched the third generation model of its Sedan, City, priced between Rs 7.7 lakh and Rs 8.9 lakh (ex-showroom Delhi). The new Honda City would come in......

Tata Nano could face rocky road ahead

When Ratan Tata unveiled his $2,500 "People's Car" last week, local press gushed that it was "the true spiritual successor of the Tin Lizzie" - Henry Ford's Model T that made the car affordable for......

Honda disputes cheap car logic

Honda's chief executive on Sunday disputed the low-cost business model championed by India's Tata Motors, saying that bad roads and high petrol prices would keep many emerging market travellers on......

Honda CEO shatters personal dream with F1 pullout

For all the disappointment that fans will feel, few could be more heartbroken that Honda Motor will leave the Formula One circuit than Takeo Fukui. The chief executive of Japan's No. 2 carmaker has......

Honda CEO apologises to Button for F1 pull-out

Honda's chief executive apologised to British driver Jenson Button after Japan's number two carmaker pulled the plug on its Formula One team on Friday. Honda withdrew from Formula One with......

Honda quits Formula One amid financial woe

Honda pulled out of Formula One with immediate effect on Friday, feeling the bite of the global recession in a major blow to a sport itself looking to cut costs to survive. Amid slumping car sales......

Honda set to exit Formula One

Honda are pulling out of Formula One motor racing and will close their team down if no buyer is found by the end of the year, a senior source at a rival team told Reuters. There was no official......

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