Honda removes India CEO Katsushi Inoue after one year

Japanese Car major Honda India removes CEO Katsushi Inoue from office one year his induction into the company.

• This move come after the Company had cited non satisfactory performance of the recent products from the company’s new models like Mobilio and Brio.
• With this Katsushi Inoue who moves to the European region as COO, Yoichiro Ueno will replace the former CEO April 1 of this year.
• Company Heads usually termed to three year assignment to understand the country’s dynamics in addition to expansion and growth strategy.