Honda Extends Production Shutdown Further

(photo courtesy of Honda Manufacturing of Indiana)

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Honda Motor Co. (NYSE: HMC) is once again extending its temporary suspension of production operations due to COVID-19. The company says its auto manufacturing facilities in the U.S. and Canada, including the Honda Manufacturing of Indiana plant in Greensburg, will remain shut down until May 1.

The automaker, along with several others, first announced production suspensions in mid-March, which were to continue through the end of the month. A week later, Honda said it was extending its shutdown, which was slated to lift on Monday.

“In addition to the impact of COVID-19 on the marketplace, stay-at-home orders in many cities and states prevent consumers in a number of markets from purchasing new vehicles. As a result, Honda must continue to suspend production in order to align product supply with a lack of market demand.”

The company says it is also extending the shutdown for its Honda of South Carolina Manufacturing Inc. facility, which produces powersports products, until May 1.