Honda Cars India has made an announcement that its new President & CEO would be Katsushi Inoue. Also, the company announces appointment of Hiroyuki Shimizu as the new Vice President & Director, Marketing & Sales. Katsushi Inoue takes over from Hironori Kanayama who has served as HCIL President & CEO for the past 3 years since assuming this position in April 2012. Inoue's tenure as Honda Cars India CEO & Prsident would be effective from April 1, 2015.
Inoue has been associated with Honda Motor Co., Ltd. for over 29 years and has served as General Manager in Marketing Planning office in Japan headquarters in his last assignment. He has vast experience in the automobile industry, having worked with Honda ventures in different markets, across the globe including Japan, Thailand, Malaysia, UK, Poland and Germany. Hironori Kanayama moves back to Japan as he retires after successfully completing his career in Honda. During the three years of Kanayama's leadership in India, HCIL witnessed rapid growth in its business.
It was in Kanayama's tenure that Honda forayed into the diesel segment in India with the launch of its revolutionary 1.5L i-DTEC diesel engine and entered into many new segments in the market leading to increase in HCIL operating field from 10% in 2012 to the current 51%. Many successful products like Honda Amaze, Honda Mobilio and 4th Generation Honda City were launched in the Indian market during this period. On the other hand, Hiroyuki Shimizu takes over from the current Sr. Vice President & Director, Marketing & Sales - Shigeru Yamazaki, who was at this position since April 2012. Shimizu has been associated with Honda Motor Co., Ltd. for over 25 years and in his last assignment, he served as Director and Vice President in Honda Automobile (Thailand) Co., Ltd.