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Cost pressures and deadlock force Honda to rework India strategy
Source: reuters.com
Automotive & EVM&A & RestructuringCompany FundamentalsTransportation & Logistics
Honda aims to cut costs by as much as 20% and halve development times through a new partnership in India with Tata Technologies, according to two people familiar with the matter. The collaboration comes as competitive pressure prompts Honda to reconsider its go-it-alone approach.
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