hmc

The company said Friday it is extending the production cuts through at least May 6th, and it expects more disruptions beyond that.

The slowdowns could reduce output in the period by as much as 50%, and are likely to cause a shortage of Honda vehicles in a matter of weeks.

Honda's Japanese factories are running at half capacity, and the President of the company said it could take months t

Honda Motor Co (NYSE:HMC) said it will slow down production at its 11 North American factories into at least early May because of the ongoing parts shortage from Japanese earthquake-damaged factories.

Industry analysts say it could take until summer before factories are back at full output.

Japan is the second-largest supplier of cars in the world, and is also a major parts producer. The impact of the earthquake is already causing production cuts in other countries, including the U.S.

Honda (NYSE:HMC) and Mazda said they will resume limited production at several Japanese factories in April, but full production will depend on the availability of parts, which is another sign that the Japanese auto industry is sta

Honda (HMC) and Toyota (TM) are extending their shutdown of auto production in Japan due to a shortage of parts following a major earthquake and tsunami, the Associated Press reports. Toyota says its shutdown of 11 factories will

This is what's in the news for Tuesday, March 22nd. Business Insider reports that Verizon Wireless (VZ, VOD) CEO Daniel Mead says the company isn't planning to buy Sprint (S), ...Bloomberg reports that AIG (AIG) may face riv

Some Japanese air- and seaports are still closed due to damage from the earthquake and tsunami, which is constricting the company's supply chain to North America.

The temporary job suspensions would affect about 1,100 of the factory's employees.

A Honda Motor Co (NYSE:HMC) factory in El Salto, Mexico may suspend half of its workforce as inventories run dry, local newspaper Reforma reported, citing a company spokesman.

Honda (HMC) is recalling 18,500 snowblowers voluntarily, reports the Wall Street Journal. The news comes after one of the largest blizzards of the year hit parts of the country a day after Christmas. The company and the U.S. Consu

If gas prices continue to climb, Kelly Blue Book's lead analyst for vehicle evaluation, Alec Gutierrez, believes sales of small crossover vehicles will increase a great deal, according to Automotive News. To offset the cost of gas