Honda (7267 JT) is to cut capacity in China to 720k units per annum from 960k units, while it is to shut down JV plant with Guangzhou Auto (2238 HK) in June and the JV plant with Dongfeng Motor (489 HK) in 2027

Honda's decision to cut capacity in China signals a significant restructuring in its operations, reflecting challenges in the automotive market.

Newsquawk StaffPublished 17 Apr 2026, 00:21 UTCOn the live feed at 00:01 UTC — 2 more headlines followed before this page went public

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00:06

Lebanon's Army noted intermittent shelling on southern Lebanese villages after the ceasefire took effect

00:03

[MARKET UPDATE] Asia-Pac stocks are lower as markets lose some steam following the recent rallies and as participants pare risk heading into the weekend

00:01

Honda (7267 JT) is to cut capacity in China to 720k units per annum from 960k units, while it is to shut down JV plant with Guangzhou Auto (2238 HK) in June and the JV plant with Dongfeng Motor (489 HK) in 2027

23:46

Japan's Economy Minister Akazawa says Toto (5332 JT) and other equipment makers are resolving bottlenecks

23:38

PRE-MARKET AUSTRALIAN, JAPANESE & SOUTH KOREAN STOCKS NEWS: Earnings from Alcoa & Zip; Samsung Electronics (005930 KS) filed for a court injunction in connection with potential collective action by its labour union

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Context

The closure of joint venture plants suggests a strategic pivot that could impact production efficiency and competitiveness. This move could also influence investor sentiment towards automakers in the region, possibly leading to reevaluations of peer performance and market positioning.

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