Former Honda executives reportedly tried to oust the current CEO.
They were unhappy with Honda’s performance in China.
Honda reported its first annual loss in nearly 70 years under the current CEO.
If things had gone differently, Honda might have a different CEO right now. Apparently, a group of former Honda executives wanted to remove Toshihiro Mibe. They were reportedly not happy with how he was running the automaker.
In recent months, Honda has made drastic changes to its operations regarding electric vehicles. It announced it would abandon its plan to go fully electric by 2040 after it killed three upcoming electric vehicles.
