UPDATE 2-Honda to cut Japanese production by a quarter as domestic sales stagnate

Newswire

* Honda to stop producing at Sayama plant north of Tokyo * Japan sales haven't increased as expected -CEO * Says trimmed down operations will allow more focus on EVs (Adds details on consolidation, background) By Naomi Tajitsu TOKYO, Oct 4 (Reuters) - Honda Motor Co plans to end production at its Sayama plant in Japan by 2022, cutting domestic capacity by around 24 percent as it shifts focus to electric cars (EVs) and other new ...

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