Statement Regarding Production Suspensions and Business Operations in North America
As the
unprecedented economic impact of the fast-changing COVID-19 pandemic worsens,
Honda continues to evaluate conditions and make temporary adjustments to its production
and business operations in North America.
In addition to the
impact of COVID-19 on the marketplace, stay-at-home orders in many cities and
provinces prevent consumers in a number of markets from purchasing new
vehicles. As a result, Honda must continue to suspend production in order to
align product supply with a lack of market demand.
The following actions
are in response to the continued steep decline in sales across the automobile
and powersports industries:
Automobile
Honda is extending the
production suspension for its automobile, engine and transmission plants in
Mexico through April 30. Honda began its automobile production suspension in
Mexico on March 23.
As previously
announced, Honda has suspended production for all of its automobile, engine and
transmission plants in the U.S. and Canada through May 1. Honda began its
automobile production suspension on March 23.
Powersports
As previously
announced, Honda of South Carolina Mfg., Inc. (HSC), which produces powersports
products including ATVs and side-by-side vehicles, has suspended production
through May 1. HSC originally suspended its production on March 26.
Business
Operations
In order to continue
serving our customers and to align with other Honda North American
organizations, Honda Canada, Honda Financial Services, and Honda of Canada
Manufacturing will implement a four day work week for the two weeks of April 20
and April 27.
Due to the
fast-changing nature of this situation, we will continue to provide updates on
our business impacts and actions on Hondanews.ca.