Honda Cutting Back North American Production
By Renato Menezes
Friday, 21 November 2008 07:27
In light of falling sales figures, Japanese car giant Honda has decided to cut production of certain vehicles in North America. Production will be cut by roughly 18,000 units by the end of the company's fiscal year, which ends on March 31st. Included in the cuts are roughly 12,000 Odyssey minivans and Pilot SUVs, which are made in the company's Lincoln, Ala. plant.
At its Ohio facility, Honda will cut down on CR-V small SUVs and Accord sedans, though company spokespeople did not specify by how much. The automaker did say though that it was extending the Christmas break by two days at its Ohio plant to slow down production. In its Alabama plant, Honda will also reduce production to 1,150 vehicles daily from the current 1,300. Another trim is expected in March and it will reduce daily output to only 1,000 units.
At the end of the day, this will add up to a total of about 50,000 vehicles that the company will cut from its production during this fiscal year. Honda is proving that in light of the current situation in the automotive industry, even manufacturers of small, efficient cars are suffering.
Source: Ward's Auto
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