Cars
Honda to Build More CR-Vs in the U.S., Plans to Increase the use of Parts from Low-Cost Countries
The strong yen is affecting all Japanese automakers that are exporting their locally produced cars to America. Honda is one of them, as of the 72,000 CR-Vs built last year in Japan, 35,000 made their way to North America. Japan’s third largest automaker wants to invest in its North American plants to increase the number of CR-V it builds here and reduce exports from Japan, thus minimizing losses due to exchange rates. Read more »
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Toyota Warns Suppliers To Lower Their Prices, Or Else…
The strong yen is harming the profitability of Japanese carmakers. After Honda, which plans to halve its domestic production over the next decade, Toyota, Japan’s number one automaker, told its parts suppliers to severely reduce their prices or...
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Toyota Reduces North American Production Due To Lack Of Parts From Japan
The devastating consequences of the March 11 Japan earthquake and tsunami on the country’s auto industry continue to unfold. Today, Toyota Motor Corp. announced that it will reduce its North American production because of the lack of parts. The...
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Honda Prices The New Insight Hybrid From $21,200 In Japan
The new Honda Insight Hybrid will go on sale in Japan on Friday, February 6, 2009, with prices starting from 1,890,000 yen, or with today's exchange rates, $21,200, for the entry-level "G" model and climb to 2,210,000 yen or $23,800 for the top-of-the-line...
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2009 Honda Civic Sedan And Hybrid Facelift Released In Japan
Following in suit with the updated North American version, Honda revealed today the Japanese market Civic Sedan and Hybrid facelift models that have received minor styling tweaks and equipment upgrades. According to Honda’s press release, exterior...
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Honda North American Production Tops 20,000,000
Globally, nobody does engines like Honda does engines. Obviously, with the best-selling car in Canada, the best-selling SUV/crossover in America, and some other distinctly well-received vehicles, Honda is much more than an engine provider to North American...
Cars