Trimmed: Honda to reduce options, tweak production to boost efficiency
Honda Motor Co.'s flexible manufacturing seems to have become too flexible.
The Japan-based automaker will cut back on the number of vehicle variations as it strives to improve efficiency and profitability.
CEO Takahiro Hachigo Wednesday spoke about that and other long-term production initiatives for the company in the wake of a quarter in which the company reported a $118 million loss.
"As a result of accommodating regional needs somewhat excessively in each individual region,...