Honda Motor Co. Executive Vice President Tetsuo Iwamura said the Japanese automaker will set pay based on reaching profitability targets, rather than government directives on how fast to increase compensation.
In 1986, Honda Motor Co. built a pair of robotic legs that could walk in a line. A decade later, it added an upper body. Yesterday in Tokyo, Honda’s latest robot, Asimo, met its first world leader: It chatted in English with U.S. President Barack Obama, then ran, jumped and kicked a soccer ball.
Honda Motor Co.’s choice to build what it calls a racing-oriented “supercar” in Ohio highlights confidence in its U.S. engineers and plants. It also shows the difficulty of producing autos in Japan as the yen rises.