Honda’s Swindon Plant Reopens

May 2, 2009

After being shut down for 4 months as part of cost-cutting and demand-balancing measures, Honda’s Swindon facility has reopened once again. Later in the year, the plant is expected to produce the Jazz, the brand’s top-grossing small car.

The shutdown was vital for the preparations for the production of the Jazz. Although the plant has been accustomed to annual car production around 230,000 units, forecasted figures for 2009 say the plant can make some 112,854 vehicles total. Attribute that to the long layoff. Still, the outlook is optimistic for the Swindon plant.

Some 1,300 Honda workers at Swindon took voluntary redundancy during the shutdown. That left 3,400 workers who have agreed to a pay cut of 3 percent. The management, meanwhile, have agreed to a pay cut of 5 percent.

“This all shows that we are totally committed to our base in Swindon,” said Honda UK manufacturing director Dave Hodgetts. “We have production of the Jazz coming soon and we are doing everything we can to maintain our skilled and loyal workforce. The four months have been well used to update, streamline and modernise our capabilities.”

Honda Names New CEO and President

January 24, 2009

In the first—and perhaps the biggest—of several management changes, Honda has announced that the company’s current Senior Managing Director, Takanobu Ito (pictured left), will become the Japanese automaker’s new Chief Executive Officer and President in June 2009. Ito will be taking over the reins from current CEO and President Takeo Fukui.

Ito started in Honda’s research and development division, before being tasked to develop compact sedans in the early 90’s and service as the Executive Vice President of Honda R&D in America in the late 90’s. He was then subsequently appointed to the Honda Board of Directors, becoming Managing Director in June 2000. Three years later, he was appointed as President and Director of Honda R&D.

Takeo Fukui has been the CEO and President since June 2003, and thus he will have served for 6 years once his tenure ends this year. Fukui will still be on Honda’s board, as he will be taking a new position of Director and Advisor to Honda Motor.

Fukui is recognized as a capable and esteemed leader, as he has allowed Honda to realize a lot of its goals and continue to become one of the global leaders in the automotive industry under his leadership.

Source: Honda Worldwide

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