Search
Honda Motor Reportedly Aims to Slash Costs by Over US$9 Billion
1 hour ago /
Read about 0 minute
Author：小编
On September 2, it emerged from internal documents and sources with intimate knowledge of the situation that Honda Motor is set to embark on a cost-cutting spree, aiming to trim expenses by more than US$9 billion over the next four years. As part of this strategy, the automaker has also called upon its suppliers to offer substantial price reductions. Honda's management first unveiled this cost-saving blueprint at a spring gathering and has since dispatched precise cost-reduction objectives to each supplier. Delving into the details, the documents disclose that Honda is targeting a 30% reduction in procurement costs across three pivotal component categories.
-
C114 Communication Network -
Communication Home
7 X 24 Track global technological trends
