Honda Cuts Production for the First Quarter of 2009

The automotive industry could get even worse. Yet another huge production cut by Honda was announced for the first quarter of the year 2009. Its not only General Motors having trouble sorting things out but other car manufacturers are trying to find a solution in this economical worldwide crisis.

Nothing can be predicted anymore and cutbacks will continue to be applied. What the future holds cannot be seen, but the biggest question is when is it going to be over? Should we expect the worst to come?

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