Honda’s Production Cuts In Crossover Vehicles
Wednesday, July 23rd, 2008The Japanese automaker, Honda Motor Co. announced that it will cut production of some of the light trucks and crossover vehicles in coming days in the U.S. Hurt by the sky-high price of gasoline and consumer demand shift from larger vehicles, the automaker decided to cut the production of both the Odyssey minivan and Pilot by 10,000 units at its Lincoln assembly plant in Alabama.
The production cut will take place from August through October. In order to match production with consumer demand, Honda will close the Lincoln plant for two days on August and will cut second shift production at the plant every Friday in August through October. In the first half of this year, Honda built a total of 158,316 Odysseys and Pilots, down 2.4 percent from the same period in 2007. (more…)


