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Exclusive-Cost pressures and deadlock force Honda to rework India strategy, sources say

Honda plans to cut vehicle development costs by up to 20% and halve timelines as it shifts toward hybrids and local suppliers.

MUMBAI/TOKYO, Oct 5 : Honda Motor aims to cut costs by as much as a fifth and halve development times under its new partnership in India with Tata Technologies, according to two people familiar with the matter, as pressure from rivals forces the Japanese automaker to rethink its go-it-alone approach.Reeling

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Channel News Asia broke the news in Singapore, Singapore on Monday, October 5, 2026.
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