Honda uses force against “own people”; Chinese suppliers are preparing to take the lead
Honda announced that it will terminate its long-term cooperation with local Japanese suppliers and establish new relationships with Chinese suppliers. This move aims to reduce risks and enhance competitiveness through supply chain diversification. The related plans have been approved internally by Honda, and they are expected to be implemented gradually over the next few months. This adjustment marks a significant shift in Honda’s global supply chain strategy, and Chinese suppliers are expected to gain a larger market share as a result.