Honda is getting ready to switch off its engines as part of a radical restructuring leading to an all-electric future. The Japanese automaker has already cut its domestic auto production capacity to just over 800,000 vehicles a year, down by around 40% from its 2002 peak.
Most of the retrenchment has come by halting production of finished cars at its plant in Sayama, Saitama Prefecture, northwest of Tokyo, at the end of last year. Honda also announced other cost-cutting steps including adopting a new vehicle development system and pulling the plug on its Formula One racing program.
The company is retooling its manufacturing operations in line with its vision for the future. It has announced that it its entire lineup of cars will be electrified by 2040. On 27th December 2021, a “line-off ceremony” was held at the Sayama plant to mark the end to production of finished cars. While only a few executives attended the ceremony due to COVID-19 restrictions, the event was livestreamed to allow workers in different parts of the plant to watch the proceedings.
Honda President Toshihiro Mibe while speaking to those present at the event, said:
“Like you, I will miss it [Sayama plant] all. However we will continue making automobiles that meet the needs of consumers at home and abroad.”
A computer animation professional with over 23 years of industry experience having served in leading organizations, TV channels & production facilities in Pakistan. An avid car enthusiast and petrolhead with an affection to deliver quality content to help shape opinions. Formerly written for PakWheels as well as major publications including Dawn. Founder of CarSpiritPK.com