Honda Production Plunges

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By
Muhammed El-Hasan
on April 23, 2009 9:04 AM | | Comments (0) |

It'll recover, but we must be patient.

Honda, of course, has its US and North American headquarters in Torrance.


Honda's Production Falls for Fifth Month on Lower Auto Demand

April 23 (Bloomberg) -- Honda Motor Co., Japan's second- largest automaker, cut production 38 percent last month as sales in the U.S., Japan and Europe slumped.

Output fell to 215,773 vehicles in March, the Tokyo-based automaker said in a statement today. Exports declined 58 percent to 22,497 units. For the year ended March, production slid 9.6 percent to 3.57 million, the first drop in 12 years.

Read more on Honda's production slump.

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This page contains a single entry by Muhammed El-Hasan published on April 23, 2009 9:04 AM.

Boeing Would Accept Aerial Tanker Split was the previous entry in this blog.

Toyota Beats VW in Sales is the next entry in this blog.

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About Biz Waves

Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

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