Honda Motor Co., Japan's second-largest automaker, announced on March 15 that in order to save costs, Honda will gradually reduce the number of auto parts purchased in developed countries, but will gradually transfer purchase orders to developing countries, such as China. India and Brazil.
Honda Motors spokesman Akemi Ando said in a telephone interview that Honda's factories in developed countries will gradually reduce the amount of parts purchased locally, and the proportion of parts and components will be reduced from the current 90% to 60%, while Honda is located in developing countries. The factory will gradually increase the number of parts purchased locally, and the local procurement ratio will increase from the current 60% to 90%.
However, Honda did not disclose when the new procurement target will be realized.
Honda Motors spokesman Akemi Ando said in a telephone interview that Honda's factories in developed countries will gradually reduce the amount of parts purchased locally, and the proportion of parts and components will be reduced from the current 90% to 60%, while Honda is located in developing countries. The factory will gradually increase the number of parts purchased locally, and the local procurement ratio will increase from the current 60% to 90%.
However, Honda did not disclose when the new procurement target will be realized.
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