Reuters with news of the plans by Honda, adding:
- The factory in the city of Suzuka will also slash its production by half for the month of April, expanding the scale of the cutback from an earlier announcement that it would cut back production by about a third.
Rising energy prices, yen drop added in the mix for Japanese business also. Japan's government is planning further fiscal support and the Bank of Japan easy moentary policy isn't changing any time soon. Tough times in Japan.
Yen update:
