Honda plans to import cars from China and the US to boost domestic sales in Japan

格隆汇 March 5th丨Due to the increasing losses in its automotive business, Japanese automaker Honda Motor Company hopes to strengthen its domestic product lineup by importing cars from the United States and China for sale in its domestic market. After recording an operating loss of 166.4 billion yen (1.1 billions USD) in its automotive business during the first nine months of the fiscal year, Honda Motor Company is reassessing its strategy in order to improve competitiveness.