Honda Motor (HMC.US) reportedly plans to cut costs by over $9 billion, requesting suppliers to lower prices and expand procurement of components from China.

智通财经2026/09/02 11:26

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Jinjin Finance APP has learned that, according to reports, Honda Motor (HMC.US) plans to cut costs by more than 9 billion USD over the next four years. It has already requested suppliers to significantly reduce prices and, as much as possible, expand the proportion of components made in China.

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Honda Motor (HMC.US) reportedly plans to cut costs by over $9 billion, requesting suppliers to lower prices and expand procurement of components from China.

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