honda production cuts

Honda is planning to slash another 50,000 units from its global automotive production in 2009. This is the third round of production cuts that Honda has announced so far, with the last cut being over 100,000 units produced in North America. This time, the drop will also hit Honda's home market of ...

The dramatic drop in U.S. vehicle sales is not confined to just the Domestic automakers. Earlier today, General Motors announced an "unprecedented" cut in production for the first-quarter of 2009, and now Honda has followed suit, enacting a set of North American cuts of its own. While the 119,000 ...