Honda Statement Regarding Production Suspensions and Business Operations in North America

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TORRANCE, CA – April 16, 2020  (Motor Sports NewsWire) – As the unprecedented economic impact of the fast-changing COVID-19 pandemic worsens, Honda continues to evaluate conditions and make temporary adjustments to its production and business operations in North America.

In addition to the impact of COVID-19 on the marketplace, stay-at-home orders in many cities and states prevent consumers in a number of markets from purchasing new vehicles. As a result, Honda must continue to suspend production in order to align product supply with a lack of market demand.

The following actions are in response to the continued steep decline in sales across the automobile and powersports industries:

Automobile

Honda is extending the production suspension for its automobile, engine and transmission plants in Mexico through April 30. Honda began its automobile production suspension in Mexico on March 23.

As previously announced, Honda has suspended production for all of its automobile, engine and transmission plants in the U.S. and Canada through May 1. Honda began its automobile production suspension on March 23.

Powersports

As previously announced, Honda of South Carolina Mfg., Inc. (HSC), which produces powersports products including ATVs and side-by-side vehicles, has suspended production through May 1. HSC originally suspended its production on March 26.

Business Operations

The majority of our salaried and support associates at Honda operations in the U.S. will be furloughed for a two-week period.

Due to the fast-changing nature of this situation, we will continue to provide updates on our business impacts and actions on Hondanews.com

ABOUT AMERICAN HONDA

American Honda Motor Co., Inc., is the sole distributor of Honda motorcycles, scooters, ATVs and Side-by-Sides in the United States. American Honda’s Powersports Division conducts the sales, marketing and operational activities for these products through independent authorized Honda retail dealers.

Source: American Honda Motor Co., Inc.

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