Arrest of Carlos Ghosn on November 20, 2018
2018 · Tokyo, Japan
Carlos Ghosn, chairman of Nissan, is arrested in Japan on charges of financial misconduct, including under-reporting his income and misuse of company assets.
September 24, 1948
The Honda Motor Company was founded by Soichiro Honda and Takeo Fujisawa in Hamamatsu, Japan.
Hamamatsu, Japan | Honda Motor Company
On September 24, 1948, the Honda Motor Company was officially founded by Soichiro Honda and Takeo Fujisawa in Hamamatsu, Japan. This marked the beginning of what would become one of the world’s largest and most innovative automobile and motorcycle manufacturers.
Soichiro Honda was an engineer and inventor with a passion for automobiles and mechanics. Before founding Honda Motor Company, he had established a business manufacturing piston rings, which he sold to Toyota. However, after World War II, Honda saw an opportunity in the burgeoning market for affordable transportation in Japan.
Takeo Fujisawa was a businessman with a keen sense for strategy and management. He joined Soichiro Honda in 1949, bringing with him the business acumen necessary to transform Honda from a small startup into a global powerhouse.
Initially, Honda Motor Company focused on producing motorized bicycles. The first product, the Honda “A-Type” bicycle engine, was a simple yet effective solution for post-war Japan’s transportation needs. This innovation laid the foundation for Honda’s future success in the motorcycle industry.
Throughout the 1950s and 1960s, Honda expanded rapidly:
The founding of Honda Motor Company was a pivotal moment in the history of the automotive industry. Honda’s commitment to innovation, quality, and affordability helped democratize personal transportation, not only in Japan but around the world. The company’s success in both the motorcycle and automobile markets set new standards for engineering excellence and customer satisfaction.
Today, Honda is recognized as a leader in automotive and motorcycle manufacturing, with a diverse range of products including cars, motorcycles, power equipment, and even aircraft. The company’s dedication to research and development continues to drive advancements in technology and sustainability.
The partnership between Soichiro Honda and Takeo Fujisawa exemplifies the synergy between engineering prowess and strategic business management, a combination that has propelled Honda to its status as a global industry leader.
Source: global.honda