Honda shifts manufacturing focus
Honda Motor Co. will cut production of its Pilot, and ramp up Accord manufacturing.
Honda's Lincoln, AL. plant "will cut production of the Pilot by 8,000 units, or 32%, in November, and again in the first quarter by about 14,000 units," according to spokesman Ed Miller. "Taken with an earlier announced reduction," the automaker "will have cut output of the vehicle by 11% from the beginning of August to the end of March next year."
Bloomberg News ill also make more 4-cylinder Accords at Marysville."
Bloomberg News notes that "Honda's moves follow a 13% slide in U.S. industry-wide sales this year through September, triggered by elevated gasoline prices and worsened by a credit crunch." Of "the six largest automakers in the U.S., only Tokyo-based Honda has increased its North American vehicle output from a year earlier."
The Associated Press also covered the story.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey