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28 Jun
09:09

Honda's automobile production slips, sales grow in May

Japanese carmaker Honda saw production drop for the second month in a row this May despite rebounding retail sales. Its North American arms continue to outperform Asia due to the advancing hydrogen strategy in Ohio and competitive new energy vehicle market in China, Kallanish notes. Honda produced 304,423 cars globally in May, down 3.9% on-month and 7.5% on-year. On a month-on-month basis, its production in Japan and China slipped 10.6% to 51,125 units and slumped…
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