AutomobilesHonda to cut China production capacity for gas cars by 30%
Move marks latest reversal by Japanese automakers in world's biggest market
Honda Motor's e:NS2 electric vehicle. The automaker's sales in China fell roughly 40% by volume in June. (Photo by Sei Matsumoto)
SHOYA OKINAGA, Nikkei staff writer
TOKYO -- Honda Motor plans to slash production capacity for gasoline-fueled vehicles in China by one-third, equivalent to about 10% of its global output, as falling sales of Japanese cars spur changes across the entire Chinese supply chain, Nikkei has learned.