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Honda CEO withstands investor backlash after $9B EV misstep
Summary by dcourier.com
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Honda CEO withstands investor backlash after $9B EV misstep
Honda Motor CEO Toshihiro Mibe secured shareholder backing despite fierce criticism over the company’s first annual loss in nearly 70 years. After overcommitting to expanding its lineup of electric vehicles, the automaker suffered over $9 billion in restructuring costs. Intense…
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