Toyota And Honda Massively Cut Output

Tuesday, March 24th, 2009

In news that should come as no surprise to anyone, Honda and Toyota have both announced that the global financial crisis has put a big dent in their sales figures, causing them to cut output. Toyota announced that their global output has now hit the lowest level in 23 ...

Toyota Prius Price May Be Lowered To Compete With Honda Insight

Thursday, March 12th, 2009

The price was between Toyota and Honda on their hybrid models the Prius and Insight might be getting underway. According to an article in Asahi Shimbun, Toyota plans on releasing a cheaper Prius in late 2009. They know they have to compete with the Insight, and plan on ...

Honda Lowers Forecast

Friday, January 30th, 2009

Honda has been in the habit of lowering their forecasts lately, and the company has announced they'll be doing it again. For the fourth time already this year, Honda is predicting lower profits. Honda, Japan’s second largest auto manufacturer after Toyota, said it now expected a net profit ...

Honda Loses Money

Wednesday, December 17th, 2008

Honda joins the list of automakers who aren't making any money in the current environment. The loss is the first such operating loss experienced by the company in 11 years. Honda Motor (nyse: HMC - news - people ) looks on course to post an operating loss in the second ...

Honda Begins Producing Civics In Indiana

Saturday, October 11th, 2008

Honda has begun mass production of Honda Civics. Honda is producing new, fuel-efficient, 4-cylinder Honda Civic sedans at their new facility in Greensburg, Indiana. The facility, which cost $550 million to build, will ultimately produce 200,000 vehicles, and employ 2,000 associates at full capacity. The project has been ...