global recession

Toyota Shuts Down All Japanese Production Except for One Line

By Chris Haak 02.05.2009 As previously planned, Toyota Motor Corporation has ceased production at every plant in Japan with the exception of leaving a single production line...

Honda Cancels V10 NSX Supercar, Cuts Outlook, Tightens Belt

By Chris Haak 12.17.2008 Honda President Takeo Fukui has undertaken several dramatic actions today as Honda begins to feel the effects of the global recession and the terrible...