EVsJalopnik3 days ago
Honda CEO refuses to resign after EV loss
1 min read
Honda CEO Toshihiro Mibe refused to resign after former executives, including ex-CEO Nobuhiko Kawamoto, pressured him over a failed EV bet that caused Honda's first annual loss since 1957. The group blamed Mibe for neglecting China and costing the company $5.7 billion in 2025.
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