Honda says its production in China fell 15.7 percent in May

Article by Christian A., on August 29, 2010

For the month of May, Honda Motor Co.'s production dropped by 15.7%, signifying the first year-on-year drop in 12 months as the operations of its local assembly plants were forced to stop as there had been a workers' strike at its supplier.

Last month, Honda's production was halted several times at its four car assembly factories in China as it felt the impact of a protracted strike at a subsidiary's transmissions plant.

This incident, which ended with the workers getting higher wages and more benefits, led to three more strikes at suppliers for Honda and Toyota.

Last month, Honda had built 37,367 cars when production was interrupted in the last week.

In the early part of June, Honda also had to suspend production for a few days. In comparison, its fiercest competitors, Toyota Motor Corp. increased production by 17.9% and Nissan Motor Co. raised its output by 34.6% in May.

Toyota also felt the impact of supplier strikes this month. Analysts believe that these halts in production have limited financial impact since the carmakers could easily make up for the loss in production by operating during holidays and asking workers to go on overtime.

Topics: honda, china, production

If you liked the article, share on:

Comments

Recommended

Kia is taking things a step further with the new Kia Stinger, which they first introduced at the 2017 Detroit Auto Show. With the specs given to us by the...
by - June 25, 2017
Earlier this week, Nissan revealed a teaser of the new 2018 LEAF’s interior, giving us an idea of what the electric vehicle has to offer. The company released a video...
by - June 25, 2017
The primary suggestion of a 4x4 ute from French company Peugeot was first revealed in 2016. Fifteen months later, the production version is launched. Now, Peugeot is not shying away...
by - June 24, 2017
The new Jaguar E-Pace crossover will soon hold its official launch on July 13 and is expected to arrive at the showrooms by early next year. It couldn’t have come...
by - June 24, 2017
As prices of the original Shelby Cobra have skyrocketed into astronomical proportions, there are firms like Superformance that serve replicas to consumers who demand the same levels of performance at...
by - June 24, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries