Honda Motor Co. is likely to cut output at home by more than 150,000 units in its next fiscal year, bringing its Japanese production below 1 million vehicles for the first time in 14 years, the Nikkei business daily reported.
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Sir Jackie Stewart does not expect the beleaguered Honda team to be rescued ahead of the looming 2009 season.
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Sir Jackie Stewart does not expect the beleaguered Honda team to be rescued ahead of the looming 2009 season.
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Jenson Button has agreed to cut his 2009 retainer in half as the Honda team survives the withdrawal of the Japanese manufacturer.
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Jenson Button has agreed to cut his 2009 retainer in half as the Honda team survives the withdrawal of the Japanese manufacturer.
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Kazuki Nakajima admits it is possible Toyota will follow its Japanese manufacturer rival Honda out of formula one.
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Kazuki Nakajima admits it is possible Toyota will follow its Japanese manufacturer rival Honda out of formula one.
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Honda earned Consumer Reports' top rating for the third straight year, extending Japanese automakers' dominance of the annual report card, while Chrysler LLC finished at the bottom.
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Honda Motor is to begin building a bio-fuel research centre near Tokyo in April ahead of beginning operations in November.
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Team staff at Honda's Brackley headquarters have been told to prepare for imminent winter tests in Spain and subsequently the beginning of the 2009 season in Australia.
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Team staff at Honda's Brackley headquarters have been told to prepare for imminent winter tests in Spain and subsequently the beginning of the 2009 season in Australia.
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The Spectra sedan that was introduced for the 2005 model year was a sympathetic car and a welcome replacement for the unreliable previous generation. But the car didn't age gracefully and on a price/equipment comparison, the Kia no longer seems like a fire-sale deal. And when you're up against the Honda Civic, the Mazda3 and the Toyota Corolla, you can't mess around for long.
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The Spectra sedan that was introduced for the 2005 model year was a sympathetic car and a welcome replacement for the unreliable previous generation. But the car didn't age gracefully and on a price/equipment comparison, the Kia no longer seems like a fire-sale deal. And when you're up against the Honda Civic, the Mazda3 and the Toyota Corolla, you can't mess around for long.
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Hiroshi Sasamoto will become CEO of Honda of Canada Manufacturing in Alliston, Ontario. He had been CEO of Honda's manufacturing operations in Lincoln, Ala.
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Honda Motor Co. plans to produce more of its new Insight hybrid cars from April, having received orders for almost three times its monthly sales target for the gasoline-electric model it launched on Feb. 6 in Japan, a top official said today.
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Honda Motor Co.'s incoming chief executive has left the door open to the struggling Japanese manufacturer returning to formula one in the future.
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Honda Motor Co.'s incoming chief executive has left the door open to the struggling Japanese manufacturer returning to formula one in the future.
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Takanobu Ito, newly named as the next president and CEO of Honda Motor Co., will redouble the company's focus on research as it grapples with a global market meltdown.
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Takanobu Ito, newly named as the next president and CEO of Honda Motor Co., will redouble the company's focus on research as it grapples with a global market meltdown.
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