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.
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.
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. introduced a performance-oriented sedan that the company says is critical to reversing a drop in premium Acura car deliveries that kept record U.S. sales out of Honda’s reach last year.
Erik Berkman’s iPhone wallpaper isn’t of his wife, children or dog. When Honda Motor Co.’s new North American development chief gets a text message, he sees a background picture of the automaker’s V-6 IndyCar racing engine.