Honda Seeks JP¥1.5tr Supplier Savings After EV Programme Exit
Honda’s Q1 2026/27 results showed resilience despite the large financial hit from ending its electric-vehicle programme. Internal documents reviewed by Reuters indicate Honda is pushing suppliers to cut costs, aiming to secure JP¥1.5 trillion (about US$9.4 billion) in savings over the next four years as part of belt-tightening.