Honda's Japan vehicle production sinks by 62.4% year on year in August

Honda's August production and sales of new vehicles in Japan slumped on a monthly basis, by 62.4% and 22.7% respectively.

Production of new vehicles fell to 23,790 vehicles in August, while sales fell to 40,656 vehicles.
The production statistics are in line with the carmaker's expectations - Honda had earlier reported Japan-based factories to be running at 40% capacity in August-September amid a shortage of semiconductors, but expected a gradual recovery in the Autumn.

Japanese vehicle output in August was down by 44.2% compared with August 2020, its second-lowest figure on record. Honda's May output...

Immediate trigger for crash was new Fed Chairman pick

Gold stocks slump on metal price decline

Is the gold market starting to turn 'irrationally exuberant'?

Gold stocks explode up as equity markets languish

Gold stocks outpace flat large caps