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New Honda CEO to focus on R&D

Takanobu Ito, newly named as the next president and CEO of Honda Motor Co., will redouble the company's focus on research as it grapples with a global market meltdown. Honda presidents traditionally cut their teeth at the automaker's cherished development subsidiary, Honda R&D Co. Ltd.

Who's Where: Camilo Pardo leaves Ford

Camilo Pardo has ended his 24 year long career at Ford to pursue his numerous other creative endeavors. CDN caught up with the accomplished artist, sculptor, clothing and furniture designer at his annual Designer's Night bash in Detroit, where he told us how he was now "free to do anything", but would not divulge details as the announcement was not yet official. A native New Yorker, Pardo graduated from the Center for Creative Studies in Detroit and was granted the Industrial Design Society of America Merit Award in 1985.

How Lexus execs rescued the GS sedan

Eighteen months ago, Toyota had all but scrapped its plans for the redesigned Lexus GS 350 sedan that was unveiled in Monterey, Calif., last week. At the time, the company was pouring engineering resources into resolving its unintended acceleration crisis and was busy changing quality and safety procedures. Plus, the GS' underwhelming sales in the United States and Europe made for a weak business case against the Mercedes E-class and BMW 5-series.