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Discussion Starter #1
saw this article released yesterday:

http://uk.reuters.com/article/companyNe ... 8T20081217

"Honda had been expected to weather the storm better than other global automakers thanks to its fuel-efficient fleet, but demand for cars has shrunk indiscriminately since the Lehman shock of September, piling up inventory despite production cuts."

Also Honda getting out of Formula 1 racing. Too expensive and they hadn't done well anyway. Can you imagine an average F1 team has about 1,000 employees? I guess since Honda supplies all the engines for IRL they're still there.

IRL info here:

http://www.indystar.com/article/2008120 ... 2/SPORTS01

Regards, Jim
'01 #191
 
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