Transportation
Honda to Boost Output of Cheaper, Less Fuel Efficient Vehicles
Honda Motor Co. plans to increase production of cheaper gasoline-fueled vehicles this year, a reflection of lower US emissions standards and a new-car affordability crisis.
The Japanese carmaker’s sales of electrified vehicles will take a back seat to gas-fueled cars and SUVs in response to growing demand for low-cost models, Lance Woelfer, the head of Honda’s US sales operations, said in a media briefing.