According to a new Reuters report, Honda has told suppliers to drastically cut costs as the company aims to save $9 billion over the next four years.

Honda plans to cut more than $9 billion in costs by 2030 and has asked suppliers to sharply reduce prices as it struggles with rising competition from Chinese automakers such as…

Honda punta a ridurre i costi di circa 9,4 miliardi di dollari entro il 2030 e chiede ai fornitori forti risparmi per rispondere alla concorrenza cinese