Market news: Documents show that Honda plans to cut costs by 1.5 trillion yen (approximately $9.4 billion) by 2030.

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智通财经2026/09/02 03:31

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Market News: Documents show that Honda plans to cut costs by 1.5 trillion yen (about 9.4 billion US dollars) by 2030.

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According to internal documents and a person familiar with the matter, Japan's Honda Motor plans to cut costs by over 9 billion dollars in the next four years and has requested suppliers to significantly reduce prices. Honda's management introduced the plan to suppliers at a spring meeting, after which each supplier received a specific cost reduction target for their respective company. The documents show that Honda aims to cut costs by 30% in three key component categories.

智通财经•2026/09/02 04:06

Market news: Honda plans to cut costs by 1.5 trillion yen by 2030.

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