The American side of Honda Motor Co. is being forced into belt-tightening mode as profit margins for its Japanese parent have fallen onto the wrong side of acceptability. Automotive News reports that the U.S. branch of the Honda Motor Co. is in the process of offering voluntary severance packages to senior members of its sales Read on! →
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Reuters reports that Honda Motor Co. is preparing to launch a mass-recycling endeavor intended to extract rare earth metals from parts of used automobiles. The operation, which will be the first of its kind, will place global automakers in a better position to obtain the very expensive materials, which are controlled almost exclusively by China. Read on! →
For the third year in a row, Japanese automakers Honda, Subaru and Toyota have earned top marks in the Consumer Reports annual auto survey, reports the Associated Press. Over the past year, Ford Motor Co. made the largest gain in the ratings, which are based on road tests and reliability scores. The Consumer Reports auto Read on! →
Honda Motor Co. has announced that it will increase production at its Honda Manufacturing of Indiana plan in the city of Greensburg by 25 percent, or 50,000 units. Reports indicate that the plant, which currently employs 2,000 people, will be the first to produce the latest incarnation of the Honda Civic Hybrid by early 2013. Read on! →