Honda is encountering significant disputes as a faction of retired executives pushes for the removal of CEO Toshihiro Mibe. Citing his failure to adequately address the Chinese market and a poorly-conceived EV initiative, they argue that his leadership has culminated in detrimental financial losses. Despite the unfolding crisis, Mibe has secured backing from the board.

Honda is encountering significant disputes as a faction of retired executives pushes for the removal of CEO Toshihiro Mibe. Citing his failure to adequately address the Chinese…

DIREKTOR Honde Toshihiro Mibe odbio je dati ostavku unatoč gubicima zbog EV strategije. Bivši direktori kritiziraju njegovo vodstvo, a tvrtka se sada okreće razvoju novih…

Former Honda executives reportedly tried to oust the current CEO because they were unhappy with the company’s performance, but failed. Here’s why.