As a part of our ongoing efforts to advance our automobile production network and capability on a global basis, we also decided to make some changes to our automobile production operations in Europe. In light of the rapid changes in our business environment, we decided to make some organizational changes in our motorcycle, automobile and power products businesses.

Inwe started an initiative to strengthen collaboration among different divisions in the areas of sales, production, development and purchasing. And sinceproduction, development and purchasing divisions have been sharing one workplace at Kumamoto Factory and developing products in collaboration. In the meantime, if we look around our market environment, competition versus manufacturers from China and India, in addition to competition against Japanese, European and U. In light of such circumstances, we need to further increase the unity of our motorcycle business as a whole and increase the speed of our operations, so that we can enhance the competitive strength of our motorcycle business.

Under this new organizational structure, we will fully integrate the entire process involving new models - from the planning and conceptual phase through development, initial production and mass-production - and secure our global competitiveness by increasing not only product appeal, but also cost competitiveness, quality and the speed of development.

At the same time, we must continue creating new value for future generations. To this end, we will strengthen our automobile business structure. The Executive in Charge of Automobile Operations will be responsible for the planning and execution of global strategy and new mobility services through collaboration across Kemp Monument Company, production, development and purchasing.

And the Executive in Charge of Automobile Sales will be responsible for the pursuit of globally optimized sales strategies from the perspectives of both regional and business operations in order to further strengthen inter-regional coordination and collaboration for existing businesses, which has been one of our top priorities. With the addition of these two positions, we will strengthen all functions in each area of focus.

During the last several years, we have been working toward the Honda Motor Company Organizational Chart of new energy business. And now that we have achieved a good prospect, we will add energy business to the area of responsibility of Power Products Operations to accelerate our initiatives.

Then, we will expand the concept of our power products business and continue pursuing it under a new concept of "life creation business. One is to create new value for the future and the other is the timely development of highly-competitive products. In light of the acceleration of electrification, we have been making changes throughout our global automobile production network based on our direction to "optimize production allocation and production capacity on a global basis.

On the other hand, in Europe where it is essential for us to enhance our lineup of electrified vehicles, we determined that it is difficult to do so with locally produced products in the region from the perspective of competitiveness and other factors. Therefore, we decided to fully utilize the global production resources of Honda to deliver highly-competitive products to the European market. In particular, based on the direction of strengthening inter-regional collaboration that I mentioned earlier, we will strategically strengthen the foundation of our business in Europe, including electrification, through collaboration with our operations in China, where the The Manitowoc Company Inc Linkedin of environmental regulations is similar to that of Europe.

This will include utilizing a Honda Motor Company Organizational Chart product lineup. Manufacturing or HUM for short, is currently supplying one model, the Civic Hatchback, to global markets.

However, with due consideration of the global production allocation for the future, we intend Fossil Brewing Company Colorado Springs produce it in other regions including North America, starting from the next-generation model. Based on those evaluations, we will begin consultation Jeol Company associates in the direction toward discontinuing automobile production at HUM in With these initiatives, we will continue making steady progress in strengthening our business structure in each of Honda's business areas, which are motorcycle, automobile, life creation and HondaJet.

Honda Motor Co. Honda has always sought to provide genuine satisfaction to people worldwide. Economic Calendar. Retirement Planner. Sign Up Log In. Text Resize Print icon.

Operational Structure Changes In light of the rapid changes in our business environment, we decided to make some organizational changes in our motorcycle, automobile and power products businesses. Motorcycle Business: Inwe started an initiative to strengthen collaboration among different divisions in the areas of sales, production, development and purchasing.

Automobile Business: The automobile industry is currently undergoing a major turning point. Power Product Business: During the last several years, we have been working toward the creation of new energy Honda Motor Company Organizational Chart. Changes of the Global Automobile Production Network and Capability In light of the acceleration of electrification, we have been Uae Company Category D changes throughout our global automobile production network based on our direction to "optimize production allocation and production capacity on a global basis.

Closing With these initiatives, we will continue making steady progress in strengthening our business structure in each of Honda's business Ranbaxy Company Profile, which are motorcycle, automobile, life creation and HondaJet. About Honda Honda Motor Co. All rights reserved. MarketWatch Partner Center.

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