With sales growing well ahead of the industry overall, everything seemed to be going right for Acura boss Mike Accavitti. But the industry veteran has unexpectedly exited the Japanese luxury brand, parent Honda Motor Co. offering no explanation for his departure.
Accavitti will be succeeded by Jon Ikeda, who had served as head of Honda’s U.S. R&D operations and who was trained as a designer before joining Honda in 1989.
“Jon Ikeda brings tremendous knowledge and talent to Acura,” John Mendel, executive vice president of American Honda, said in a statement. “From deep R&D experience with the brand, he has emerged as the ultimate advocate for Acura and has built a record of solid achievement and success.”