Honda to Close Philippine Auto Plant
Tokyo, Feb. 22 (Jiji Press)--Honda Motor Co. <7267> said Saturday that it will close its automobile assembly plant in the Philippines in late March.
The major Japanese automaker decided on the closure of the plant, which has been making two car models for sale in the Philippines, due to a drop in the factory's utilization rate.
(2020/02/22-21:40)
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