Cars
The rising yen, which hit a 10-year high against the Euro last Tuesday while also getting stronger against US dollar, has forced Honda to rethink its production strategy.
- Honda To End Production Of Acura Rl-based Legend And Accord-based Inspire In Japan
Honda will cease local production of the Japanese market versions of the current Acura RL and Honda Accord sedans, which are sold in the Land of the Rising Sun as the Honda Legend and Inspire respectively, at the company’s plant in Saitama Prefecture...
- Honda Begins Construction Of New Car Factory In Indonesia, Will Build New Brio Hatch And Mpv
Honda plans to strengthen its foothold in Indonesia through the erection of new automobile production plant at the Karawang Industrial Park in a suburb of Jakarta. The Japanese carmaker held a groundbreaking ceremony on Monday to mark the start of the...
- Honda Ceo Confirms New Nsx And “hot†2012 Civic Type R
[2003 Honda HSC Concept pictured above]Last April, we told you about Honda CEO Takanobu Ito's plans for a successor to the much-missed NSX supercar. Ito had then hinted that the “new NSX†would be more environmentally friendly, possibly...
- Honda S2000 Successor Rumored To Get Awd And Hybrid Powertrain
Earlier this year, Honda announced that the S2000 Roadster's decade-long production run will come to an end this year, leaving the company without a proper sports car. However, in addition to the launch of the production version of the front-wheel...
- Honda To End S2000 Production In 2009, No Replacement Planned
Production of Honda's rev-happy S2000 will come to an end this year after being in the market for a decade. The rear-wheel drive roadster was first introduced in 1999 as a limited-edition tribute to Honda's 50th anniversary, however customer response...
Cars
Honda to Reduce Production in Japan by 50% Over the Next Decade
The rising yen, which hit a 10-year high against the Euro last Tuesday while also getting stronger against US dollar, has forced Honda to rethink its production strategy.
Honda CEO Takanobu Ito told Japanese daily Asahi that the company plans to compensate by cutting its domestic production by half in the next decade. The move is part of Honda’s plan to sell 80-90% of its vehicles produced globally in local markets so as to be less vulnerable to currency fluctuations.
Read more »- Honda To End Production Of Acura Rl-based Legend And Accord-based Inspire In Japan
Honda will cease local production of the Japanese market versions of the current Acura RL and Honda Accord sedans, which are sold in the Land of the Rising Sun as the Honda Legend and Inspire respectively, at the company’s plant in Saitama Prefecture...
- Honda Begins Construction Of New Car Factory In Indonesia, Will Build New Brio Hatch And Mpv
Honda plans to strengthen its foothold in Indonesia through the erection of new automobile production plant at the Karawang Industrial Park in a suburb of Jakarta. The Japanese carmaker held a groundbreaking ceremony on Monday to mark the start of the...
- Honda Ceo Confirms New Nsx And “hot†2012 Civic Type R
[2003 Honda HSC Concept pictured above]Last April, we told you about Honda CEO Takanobu Ito's plans for a successor to the much-missed NSX supercar. Ito had then hinted that the “new NSX†would be more environmentally friendly, possibly...
- Honda S2000 Successor Rumored To Get Awd And Hybrid Powertrain
Earlier this year, Honda announced that the S2000 Roadster's decade-long production run will come to an end this year, leaving the company without a proper sports car. However, in addition to the launch of the production version of the front-wheel...
- Honda To End S2000 Production In 2009, No Replacement Planned
Production of Honda's rev-happy S2000 will come to an end this year after being in the market for a decade. The rear-wheel drive roadster was first introduced in 1999 as a limited-edition tribute to Honda's 50th anniversary, however customer response...