Popeye

Honda Motor Co. will further cut vehicle production in North America, including a 58,000 reduction at Ohio assembly plants in Marysville and East Liberty.
In order to adjust dealer inventory in the wake of declining consumer demand.
Production at the Marysville and East Liberty plants will be reduced beginning Jan. 5. There will also be production cuts at Honda's engine plant in Anna and its transmission plant in Russells Point.


Becky was told that begining Jan 5th they will only be building cars on Tues-Wed-Thur;no production on Mondays or Fridays

Happy New Years

IlleztImportz

RedY2KS2k

Ouch!!!!!!!

Sorry to hear that. I hope it doesn't last very long.

SaltyDog

Sounds like the trickle down theory has begun....

neuronbob

Popeye

Monday's and Friday's have been announced as training days so no loss in pay

nala

^ That is great news, at least in the short run...

nfty

Oh fawk. Talk about a sign of the gloomy times.



No one can get credit (thanks to the credit giveaways of the past, home-related) so no one can buy cars (even if they want to).

Scott Evil

Not true.

Credit worthy people have no problem getting credit to purchase autos or homes today.

Those with a blemished credit profile can also get loans, but the expectation from lenders is the borrower will put money down and agree to pay a higher rate.

Remember credit is a privilidge that is earned. It is not a right.

MrClean

Ouch is right.

Given Honda is not laying workers off tells me this is viewed as a temporary slow down.

Very glad to hear there is no loss in pay.

That's the great thing about Honda, they turn this negative into a postive.