TOKYO, Dec. 2 – Honda (7267.T) on Saturday laid off about 900 contract workers at its joint venture in China, as the Japanese automaker struggles with the rapid transition to electric vehicles in the world’s biggest car market. announced that he would be fired.
Regarding employees hired through temporary agencies at the joint venture between Honda and Chinese state-owned Guangzhou Automobile Group (601238.SS), the spokesperson said, “Due to the decrease in production, temporary temporary contracts have also been It will be canceled,” he said.
A spokesperson said the cuts represent about 7% of the company’s approximately 13,000 employees, but declined to say which models production would be cut.
Toyota Motor Corporation (7203.T) will halt production on some aging lines at its Chinese joint venture, a spokesperson said on Saturday, following media reports that it was suspending some production due to poor sales. announced that it had been discontinued.
Honda, Japan’s largest automaker after Toyota, faces strong headwinds in China.
Production in the region fell by about a fifth in the first 10 months of this year compared to the same period last year.
Honda sold 3.2 million vehicles worldwide in the January-October period, supported by strong demand in the United States. Sales in China, which accounts for 30% of the total, decreased by nearly one-fifth compared to the same period last year.
Report by Daniel Rusink.Editing: William Mallard
Our standards: Thomson Reuters Trust Principles.