Honda: cutting production in the U.S.

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All continents and all manufacturers now seem affected by the crisis car, and the Japanese are no exception ...

While the United States are particularly affected, the Empire of the Rising Sun seems to be very difficult now to save the furniture across the Atlantic. Daily Finance and Investment Tips / Make Money by Learning

Honda announced Thursday that it would slow down its production in the United States, a measure taken at face decline in demand include inducing an increase in inventories at its dealers.

 

If no one is a prophet in his country ... things are sometimes even harder when you leave your homeland ...

Honda now produce 1412 million vehicles in North America this year, representing a decrease of 2% compared to 1.44 million units last year.

This measure will result in a reduction of production of 18,000 units by the end of its fiscal year, which closes at the end of March. Including previous cuts, Honda has reduced its volume of 50,000 since August.

L 'emphasis will be placed on the segment of heavy vehicles and 4x4 pick-up ", corresponding to a segment particularly affected by the economic slowdown in the United States.

The sites affected by this decision are based in Alabama (south) and Ohio (north). Honda intends to reduce the rate of production in January in Alabama, and extend the two-day work stoppage for the holiday season in Ohio.

Automobile sales have been particularly black October, freezing credit market, which funds 90% of purchases of vehicles in the United States does not already a major concern.

If Honda had until recently resisted months to better market downturn that domestic manufacturers, thanks to its compact and hybrid models, the crisis now affects all segments.

Toyota announced Wednesday the cessation of production of all its plants in the United States and Canada for two days in December.