CORRECT: Honda Announced Production Cuts Friday, Not Thursday
12 Dezember 2008 - 11:27PM
Dow Jones News
Auto makers have been scrambling to adjust production because of
the sales decline. On Friday, Honda Motor Co. (HMC) announced its
fourth round of production cuts in North America, making its
biggest output reduction of 119,000 units by the end of its fiscal
year.
(In "GM To Idle 30% Of Volume, Cut 1Q Production By 250,000
Units" published at 1:00 p.m. EST, the date of Honda's announcement
was incorrect.)
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