Mugen in trouble!
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Still F22 Powered
Joined: Jan 2003
Posts: 129
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From: Colorado
Mugen in trouble!
I was reading though my car and driver and turns out mugen is in some trouble:
"Hirotoshi honda, son of Honda founder Soichiro honda and head of the mugen aftermarket parts operation, was arrested on charges of tax evasion after failing to declare more than $25 million in revenue over three-year period, thus avoiding a tax payment about $8.5 million. As a result, Hirotoshi has stepped down as company president and removed himself from any managerial role. However, Mugen will continue its relationship with Honda"
P38-39 car and driver october 2003 issue
"Hirotoshi honda, son of Honda founder Soichiro honda and head of the mugen aftermarket parts operation, was arrested on charges of tax evasion after failing to declare more than $25 million in revenue over three-year period, thus avoiding a tax payment about $8.5 million. As a result, Hirotoshi has stepped down as company president and removed himself from any managerial role. However, Mugen will continue its relationship with Honda"
P38-39 car and driver october 2003 issue
