Honda drives drastic R&D reforms to reverse slow auto business

Company seeks to cut dependency on motorcycles and duplicate minicar success

20200616 Honda Hachigo

Honda Motor President Takahiro Hachigo moves to revamp carmaking operations.

YOSHIHIRO HARA, Nikkei staff writer

TOKYO -- After Takahiro Hachigo took over at Honda Motor in 2015, the Japanese automaker has implemented a string of reforms to shore up its auto business, including closing plants at home and abroad and shaking up supply chains. But it left one entity untouched -- Honda R&D, its crown jewel research unit, once headed by legendary founder Soichiro Honda more than a half century ago.

But no more.

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