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Honda finding bumps in the road
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Date: May 27, 2003 10:37
Submitted by:
JeffX
Source:
http://www.cleveland.com/autonews/plaindealer/index.ssf?/base/business/105402799767231.xml
Credibility Rating:
N/A
Here's an excerpt from the AP article. Thanks to Uncle Tom for finding this in his morning paper:
Yuri Kageyama
Associated Press
Tokyo- Honda has racked up its best profits in a half-century of existence and earned a quality ranking that U.S. automakers can only wish for.
So why is Honda's former president calling the No. 2 Japanese automaker "inferior" and "headed downhill?"
Nobuhiko Kawamoto, Honda's president from 1990-98, said he felt "a sense of crisis" for Honda because its growth has always been precarious as it tries to keep up with Toyota, Japan's top automaker. Kawamoto, who now acts as adviser and director at Tokyo-based Honda, is also concerned about a reshuffling of the company's top management
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Read the rest at Cleveland.com
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