More bad news for the auto industry today as Honda has announced it will be slashing production and even more jobs. Due to weakening global sales, Japan’s number two automaker will be slashing 3,100 jobs and drastically reducing its domestic output.
Honda will cut a total of 3,100 temporary positions in Japan, representing its total staff of temporary employees. Honda recently reduced the number of its temporary workers by 1,200, according to CNN.
In addition to the job cuts, Honda also eliminated 56,000 vehicles from its Japanese production schedule. For its fiscal year ending March 31st, Honda plans on producing 1.168 million vehicles, down from an earlier forecast of 1.31 million units.
Despite Honda’s economical lineup, its global sales continue to slip. U.S. sales were down double-digits in December, with January’s results expected to be just as bleak.



01/16, 6:42 PM
posted by:
400horseSS
Sweet, thats great news.
01/16, 6:48 PM
posted by:
Type RC
It’s a shame that even Honda and Toyota are effected.
01/16, 6:55 PM
posted by:
Impulsive
Sweet … it’s not a shame that less unattractive vehicles will have to litter the roads.
01/16, 7:04 PM
posted by:
johnnycanuck
Honda has become almost as boring as Toyota which is very disheartening. The only model that even somewhat captures my imagination is the Civic Si Coupe because it’s kind of a spiritual successor to my ‘95 dohc Neon. Watching a tach needle zing to 7,000 still makes me giggle. I’d be lucky not to wet myself the first time I saw 8 grand in an Si.
01/16, 7:29 PM
posted by:
DB9
The question is how bad is it going to get? The second shoe has yet to drop. There is no easy way out of this. The sad fact is, the end result of every extended period of financial exuberance is always a deep pull back. It is part of the long-run cyclical wave – not standard wave theory analysis but longer. The market is naturally trying to reset after a wave of excess. How does it do this – deflation! You can try and prevent it, as they are currently doing, but eventually the piper needs to be paid. Obama and crew, anyone for that matter, haven’t got a chance. Maybe they can buy some more time; then the question becomes how long? Think I’ve been joking or blowing smoke these past few months? What happened to Bank America (BAC) and Citi (C) today? You think the fall of 2008 has been bad… I hope I’m wrong, but…
DB9
PS. No smilies today;-) Now how much debt are they going to add… oh my…
01/16, 8:02 PM
posted by:
yarddog82abn
Hay it’s Honda…..
01/16, 8:02 PM
posted by:
DB9
Addendum – yeah, I know I always do it:-))
Now where is the poster who is always waxing about “His” tax dollars going to the D3-2 – whatever? Me thinks you should have other worries then a few piddly $B going to Detroit. US GDP is approximately (~) $13.5 Trillion; total public (Federal & State) debt + current FY deficits is ~85% and growing – rapidly if they spend like they want to – the extreme left no controls the executive and legislative.
If US defaults, I get first dibs on California;-) Damn, the logistics of serving 37 million eviction notices:-/
DB9
01/16, 8:09 PM
posted by:
DB9
HELP WANTED! Must be a team player, have strong attention to detail and a valid Drivers license. Bonus for meeting assigned quotas.
An EOE
DB9
01/16, 8:53 PM
posted by:
stick2clutch
Was congress aware that others were having similar issues when they were ripping the big 3 apart? I mean they spoke they made it seem like Honda and Toyota were paying their salaries. Hey, who knows.. they probably were.
01/16, 9:23 PM
posted by:
idrinorbarsaku
3 words…..SUCKS FOR THEM!!!
01/16, 10:00 PM
posted by:
iluvamcars
HORRAY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
01/16, 10:55 PM
posted by:
moparsalesman
where are all the people who were talking trash on how toyota and honda are run better than the big three at now. like i have been saying we are all in trouble.
01/17, 4:01 AM
posted by:
teahead
Maybe if HOnda made cars that people want, they wouldn’t be in trouble.
TAKE THAT YOU DETROIT HATERS!
01/17, 11:29 AM
posted by:
Fit19
Toyota and Honda are still run better than GM and Chrysler. I won’t bring Ford into this because they’re not taking any money just yet. In this global economy, everyone is going to feel the hit. Just because production and workers are cut, doesn’t mean that a company is failing. If Detroit hadn’t gone to Washington for a handout, none of us would be having these conversations.
01/17, 11:56 AM
posted by:
mayer_ray_nagin
It would have been classic if it read ….. Honda announces 1115 job cuts, … but alas they even better.
01/17, 2:09 PM
posted by:
Zcarsales
Misery loves company.
01/17, 2:34 PM
posted by:
123sub
It is not the case if you like japanese cars or not. The problem is when the best in the class are in trouble, then it is worse for the rest. It is really bad when a company like Toyota (or Honda) losing money. If you hate japanese cars, then you like to read that, but you dont see the whole picture.
01/17, 6:37 PM
posted by:
MechMatt
The article notes that Honda Japan is cutting temporary positions. To me, this means these positions were added because times were better than the normal (permanent) positions were able to handle – these positions were the ‘better than we expected’ positions. Now, they’re doing less than ‘better than we expected’, so they have to cut these positions. I admit to having a slight bias towards Honda, but does the fact that they have some of the most efficient and best-selling cars (both of these points are up for debate) on the road yet they still are trimming excess fat not indicate that this goes beyond making the best product or not, but extends to business practices? I think the fact that we’re in this deep and they’re still only cutting temporary positions, and decreasing production by ~11% speaks volumes for their product. Does it not seem reasonable that maybe 11% fewer people are buying cars now than January of ‘08 0r ‘07? Think of the bigger picture than Cobalt is better than Civic or vise versa.
01/17, 10:03 PM
posted by:
Borat
While Honda cutting production and jobs anticipating another shoe to drop in years ahead, domestics using tax support to keep doors open. Let me remind you that it was already established that there are no cuts needed from unions and if unions don’t need to loose fat, why execs?
Salary (without bonuses) of any given executive in domestic auto industry will buy you most of management in Japan or Europe (all brands combined). Granted those execs stole less then banks or actually hedge funds, but hedge funds could steal only from extremely rich. To invest into hedge fund you must drive DB9, not to dream about one. Domestic auto execs are robbing most of working Americans. And this robbery will go on for a few years exaggerating excesses of past years with new ones. Until someone will call the cards (either China or Arabs or Russians since they are holders of our debt). Fat lady have not sung yet, but we are definitely heading into right direction.
01/18, 3:51 PM
posted by:
yarddog82abn
A LITTLE LESS BANG-BANG FOR THIS BABY-BOO….
Some one ask me about that ^line^ the other day… I’m referencing from the movie “Full Metal Jacket”…
Tours the end when the U.S. Marines kill the sniper “Animal Mother” the nihilistic M-60 machine gunner of the Lusthog Squad say’s “NO MORE BANG-BANG FOR THIS BABY-BOO” and “Rafterman” the combat photographer with the Stars and Stripes, shoots the sniper in the head…
And they walk away signing the Micky Mouse song…
“Who’s the leader of the club that’s made for you and me” “M-I-C-K-E-Y..M-O-U-S-E!” MICKEY MOUSE!…
Funny how art can reflect life…
01/18, 9:25 PM
posted by:
tyler_is_aero_tt
I’m still waiting for a high performance car from them. The Civic Si does NOT count. Same goes for Toyota.
01/18, 11:18 PM
posted by:
idrinorbarsaku
i’m so sick of seeing this bullsh!t on the top of LLN’s page! bring us something new dammit!!!!!
01/19, 8:52 AM
posted by:
Need more oil for GM
I’m grinning from ear to ear. GM is kicking their ass. Americans are tired of being terrorists driving foriegn crap.
01/19, 11:15 AM
posted by:
bradleygt
very true yarddog, very true….and btw, that be one of my fav movies of all time
thanks for giving me something to laugh at besides the ****ty checks i have been making the past few months.
01/19, 11:41 AM
posted by:
Borat
Need more taxes for GM – of course you grinning. Corporate welfare in action; taxpayers are paying for your retarded grinning. At least when retarded kid grins like that I can understand, I guess I should adjust my tolerance to retarded GM employees and their offshoots.
01/19, 3:20 PM
posted by:
Need more oil for GM
America will be better off without these scumbag japs anyway
01/19, 7:55 PM
posted by:
HRR
Damn, honda cutting jobs….. I’m feeling kinda lucky, maybe I should go buy a lottery ticket.
01/19, 10:47 PM
posted by:
DB9
hmmm…:-/
To-morrow, and to-morrow, and to-morrow,
Creeps in this petty place from day to day
To the last syllable of recorded time,
And all our yesterdays have lighted fools
The way to dusty death. Out, out, brief candle!
___’s but a walking shadow, a poor player
That struts and frets his hour upon the stage
And then is heard no more: it is a tale
Told by an idiot, full of sound and fury,
Signifying nothing. William Shakespeare
DB9;-)
01/26, 10:38 AM
posted by:
bamagal
Everyone that is celebrating because of Honda cutting production and jobs shoudl be ASHAME OF YOURELF!!!!!!! You are happy because people are now out of work, their families are now in turmoil wondering how their bills are going to be paid, how to pay for their childs college, and if they are even going to have a house to live in. Remember “do unto others”? Well how would you like to be facing the loss of YOUR JOB!! I for one will not celebrate and be happy about any company having to let go of their workers.
Some of the comments here remind me of a line in the movie ….A Christmas Carol….. “Are there no poor houses? Some would rather die than go there…… well let them die and decrese the surplus population”. That is ecactly how some of these comments sound to me. I HOPE in all your happiness about this YOU still have a JOB so you can PROVIDE for your FAMILY……..you are part of the surplus population also you know and it may be your job next to go…….
And YES I am a PROUD HONDA WORKER. And if the unions and the big three auto makers worked a little more together maybe they wouldnt be in Washington asking for a handout……..
This should be a time of coming together to help each other, not making things worse.