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Honda Demands Sharp Price Cuts from Suppliers to Slash Costs

From:Internet Info Agency 2026-09-02 11:25:06

Documents show that Honda has instructed its suppliers to significantly reduce prices, aiming to cut costs of certain key components—including those related to software-defined vehicles—by 30%. The automaker targets reducing costs by 1.5 trillion yen (approximately $9.4 billion) by 2030.

Editor:NewsAssistant