Honda Extends Plant Closure Once More

In terms of maintaining the lowest production, automobile sales, and most losses in a single year, Honda Atlas Cars Limited (HACL) may break the record.

Honda Atlas has extended the manufacturing halt till May 15, which is a concerning development. Price increases were justified by the corporation by supply chain disruption, inventory shortages brought on by LC limits, and the present economic crisis.

The company’s production halt was originally scheduled to last from March 9 until March 31. But it extended the closure from April 1 to April 15. The following announcement announced that this outage will last from April 16 to April 30.

The most recent letter announced an additional prolongation of the May 1–15 production suspension. This suggests that Honda’s facility will be closed for a total of two months by the end of the most recent production pause.

Honda’s sales and revenue will probably be severely impacted by this. Due in large part to weak Civic and HR-V sales, the corporation had already experienced a significant drop in revenues in March.

 

 

Check Also

A shot of the Moon aligned perfectly with the Basilica of Superga's dome and the tip of Monviso, in the vicinity of Turin, Italy on December 15, 2023. — X/@JamesLucasIT via Valerio Minato

NASA Awards ‘Astronomy Picture of the Day’ to Italian Photographer’s Shot of Moon

NASA has recently awarded the prestigious ‘Astronomy Picture of the Day’ to an Italian photographer …

Leave a Reply

Your email address will not be published. Required fields are marked *