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-0.000891265597147931 -0.000445632798574045 -0.00222816399286991 -0.0098039215686274 -0.00873440285204998 -0.0120320855614973 -0.0106951871657755 -0.0124777183600714
Stock impact report

Honda, Nissan furlough U.S. workers as auto demand plummets [Reuters]

Honda Motor Company, Ltd. (HMC) 
Last honda motor company, ltd. earnings: 2/7 03:16 am Check Earnings Report
US:NYSE Investor Relations: world.honda.com/investors
Company Research Source: Reuters
Honda, Nissan furlough U.S. workers as auto demand plummets TOKYO/WASHINGTON (Reuters) - Honda Motor Co ( 7267.T ) and Nissan Motor Co ( 7201.T ) on Tuesday said they had furloughed thousands of workers at their U.S. operations as the coronavirus pandemic slashes demand for cars in the country. A spokesman for Honda, which employs about 18,400 workers at plants in Alabama, Indiana and Ohio, said the Japanese automaker would guarantee salaries through Sunday, having suspended operations on March 23. The plants will be closed through May 1. Nissan said it was temporarily laying off about 10,000 U.S. hourly workers effective April 6. It has suspended operations at its U.S. manufacturing facilities through late April due to the impact of the outbreak. Operations at Honda’s Powersports plant in South Carolina, which makes all-terrain vehicles (ATVs), have been suspended since March 26. Automakers are facing a dramatic drop in sales in the United States, the world’s second-largest car m Show less Read more
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