Honda cuts production by 50,000 units in U.S. and Japan
Honda currently projects it will sell 1.264 million units this year in North America, a figure that's 12% lower than the initial forecast of 1.468 million vehicles. Despite this drastic downturn in sales expectations, Honda currently has no plans to reduce its workforce in either Japan or in North America.
[Source: Automotive News - sub. req'd]
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