JAPAN: HONDA MOTOR'S SALES AND PROFIT GO DOWN

Highlights

• Honda Motor suffered from losses worth $270 million in the months of January to March

• Honda President Hachigo Takahiro stated that company is thinking of bringing back parts production to Japan 

Automobile industry was the first industry to get impacted by the spread of coronavirus and saw immediate shut down. Citing safety of its employees, majority of car makers across the globe dec....