Honda

Honda
HONDA

Honda (HMC) Squeezes its Suppliers to Fight Off Cheaper Chinese Rivals

Reuters reported on September 2 that Honda Motor Co., Ltd. (NYSE:HMC) aims to cut more than $9 billion in costs over the next four years and has instructed suppliers to drastically reduce prices, according to internal documents and a person familiar with the matter.
News ID: 1058   Publish Date : 2026/09/13

HONDA

Honda (HMC) Squeezes its Suppliers to Fight Off Cheaper Chinese Rivals

Reuters reported on September 2 that Honda Motor Co., Ltd. (NYSE:HMC) aims to cut more than $9 billion in costs over the next four years and has instructed suppliers to drastically reduce prices, according to internal documents and a person familiar with the matter.
News ID: 1058   Publish Date : 2026/09/13