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PRESS RELEASES




Statement by Honda Regarding the Extension of its Production Suspension

Honda today announced that it will extend the production suspension previously announced for all of our automobile, engine and transmission plants in the U.S. and Canada. Honda’s original production suspension was from March 23 through March 30, with a planned return date of March 31. With this extension of five production days, operations will resume on April 7.

This extension is in response to the continued steep decline in market demand across the automotive industry due to the impact of the COVID-19 pandemic on the economy, resulting in the inability of consumers in many markets to purchase new vehicles.

As the market impact of the fast-changing COVID-19 situation continues to evolve, Honda will evaluate conditions and make additional adjustments as necessary. In undertaking this production adjustment, Honda is continuing to manage its business carefully through a measured approach to sales that aligns production with market demand.

During this time, Honda will continue to provide opportunities for associates to be paid including providing full pay for some non-production days and assigning vacation for others. Honda will utilize this time to continue deep cleaning of its production facilities and common areas to further protect associates upon their return to the plants.