Fun appears to be on the chopping block at Honda. Plans for the successor to the S2000 sports car, a lineup of rear-drive Acuras, a proposed V8 engine and a drop-top built off the CR-Z hybrid are all dead, according to a report in a British magazine.
JAPAN'S auto maker Honda slashed its profit forecast for the fiscal year yesterday and announced that managers will take a 10-percent pay cut amid a global downturn in the auto industry.
TOKYO - The global economic slowdown has taken an early toll on Formula One, with Honda quitting the high-cost sport to focus more on making and selling cars at the expense of racing them.
LOS ANGELES - Toyota was supposed to clean up this fall, with its rock-steady finance arm and an ad blitz to promote 0 percent lending. Likewise, Honda, with a lineup of fuel-efficient cars, looked ready to ride out the storm.
HONDA are pulling out of Formula One motor racing and will close their team down if no buyer is found by the end of the year, a senior source at a rival team said.
HONDA Motor (China) Co Ltd said total exports from China have exceeded 100,000 units over the past three years.
Nov. 14, 2008 (China Knowledge) - Honda Motor Co, Japan's second largest automaker, said it is considering capacity expansion in a plant in Guangzhou, South China's Guangdong province. According to Masaya Nagai, president of Honda...
Nov. 7, 2008 (China Knowledge) - Dongfeng Honda Automobile Co. Ltd, a 50:50 joint venture between China's Dongfeng Motor Corp<489> and Japan's Honda Motor Co, has no immediate plan to introduce hatchback Civic to China...
HONDA Motor Co, Japan's second-largest auto maker, has cut its 2008 United States sales forecast by 4.1 percent because of the faltering economy, predicting the first decline in the country in 15 years ...
TOKYO, Sept 4 - Honda Motor Co said on Thursday it was recalling 581,353 minivehicles in Japan to fix a faulty fuel pump that could, in the worst-case scenario, cause the engine to stop. Subject...