Honda Rearview Report: August 31 - September 6, 2013

9/6/2013 7:18:00 PM

"Honda recently initiated some of the most significant organizational changes in the company's history designed to further advance the speed and efficiency of our new model development and to fulfill the larger role our North American operations now play within global Honda.

On Wednesday, we announced a new investment of nearly a quarter-billion dollars in our Ohio operations. This includes new aluminum die casting and other technologies to be introduced at our engine plant in Anna, Ohio, as well as two new training centers to help prepare our associates to meet the challenges of new technologies and production processes for the future.

This investment and new structure will allow Honda to prosper over the long run by allowing us build and sustain strong relationships with two key groups: (1) the customers who buy our products, and (2) the people who work for our company. This is our central focus, both globally and here in North America."

- Rick Schostek, senior vice president of Honda North America, Inc.