Honda tells suppliers to cut costs in $9 billion push to fend off China, documents show

Japan's Honda aims to cut more than $9 billion in costs over the next four years ​and has instructed suppliers to drastically reduce their prices, according to internal documents and one person familiar with the matter.

Sep 2, 2026 - 10:00
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Honda tells suppliers to cut costs in $9 billion push to fend off China, documents show
Japan's Honda aims to cut more than $9 billion in costs over the next four years ​and has instructed suppliers to drastically reduce their prices, according to internal documents and one person familiar with the matter.

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