The severe impact of the COVID-19 pandemic on the global and regional economy, along with stay-at-home orders and other unfavorable market factors, continue to have a negative effect on the sales of our products.
While there is encouraging news about provincial and federal efforts to loosen restrictions in the near future, sales forecasts for the coming weeks project a continued downward trend.
In response to this situation, Honda will maintain our approach to operate at minimum levels, conserve resources and reduce the long-term impact to the viability of our company.
Honda is extending the production suspension for all its automobile, engine and transmission plants in North America through May 8. Production is scheduled to resume on Monday, May 11. Honda began its automobile production suspensions on March 23.
As previously announced, Honda of South Carolina Mfg., Inc. (HSC), which produces powersports products including ATVs and side-by-side vehicles, has suspended production through May 1. HSC is scheduled to resume production May 4. HSC originally suspended production on March 26.
In order to continue serving our customers and to align with other Honda North American organizations, Honda Canada, Honda Financial Services, and Honda of Canada Manufacturing will implement a four day work week for the three weeks of April 20, April 27, and May 4.
Due to the fast-changing nature of this situation, we will continue to provide updates on our business impacts and actions on Hondanews.ca.