A couple of days ago, Honda Motor Co. announced its quarterly profit dropped 38% due to a fall in car production following last month’s earthquake and withheld earnings projections amid a chronic shortage of auto parts. Honda said it would cut all 600 contract workers at its plant in Saitama, north of Tokyo, by not renewing their three-month ...Read More »
Tag Archives: Honda Motor Co.
After the Japan massive earthquake and tsunami on March 11, 2011, the latest report on Japan’s March auto sales are reportedly the worst they’ve been since 1968. Overall vehicle sales were down 44.2% from the same month in 2010, while sales of all light cars were down a similarly colossal 32.5% on the month. With many Japanese automakers ...Read More »
While Tokyo Electric Power Co. battling a possible meltdown at a nuclear reactor 220km north of Tokyo. To conserve power in Japan, the authority had planned rolling blackouts. As results, many manufacturer plants are out of production. However, Japan’s automakers may be able to make up for lost output by using excess production capacity at unaffected plants and running ...Read More »
The power of natural disasters had affected many tragedies and eco-systems. All type of transportation mode is forced to halt from Sea, Land to Air transports. We are not talking only solely on all the Japanese Automobiles although we miss all the upcoming Toyota FT-86, Honda CR-Z Turbo and so According to Kyodo news agency, Japan’s transport ministry on ...Read More »
A massive 8.9-magnitude earthquake hit Japan and triggered tsunami. A 23-foot tsunami swept boats, cars, buildings and tons of debris miles inland and prompted a nuclear emergency. This natural disaster has created many losses of lives as well as damages to a couple hundred of automobiles. The photo of the fleet of cars as seen above was taken ...Read More »