{
  "id": 12095171,
  "title": "Exclusive-Cost pressures and deadlock force Honda to rework India strategy, sources say",
  "url": "https://urgent.news/2026/10/05/exclusive-cost-pressures-and-deadlock-force-honda-to-rework-india",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-05T06:16:13.000Z",
  "source": {
    "name": "CNA - Business",
    "slug": "cna-business",
    "url": "https://www.channelnewsasia.com/business/exclusive-cost-pressures-and-deadlock-force-honda-rework-india-strategy-sources-say-6432471"
  },
  "original_language": "en",
  "account": "Honda Motor aims to slash costs by up to 20% and cut development times by half in India through a new partnership with Tata Technologies, two sources familiar with the matter say. The Japanese automaker is under pressure from rivals to rethink its approach, with Honda expecting to lose over $12 billion due to losses from electric vehicles (EVs). It is shifting focus to gasoline-electric hybrids and has told suppliers to reduce prices drastically. Last month, Reuters reported that Honda sought to cut costs exceeding $9 billion over the next four years, with suppliers asked to lower prices significantly. Tata Technologies was selected to develop vehicles for Honda, but internal disagreements over supplier strategy forced the two teams to work separately, delaying product development. Honda now relies on Tata Technologies for vehicle development, while retaining control over technology, connectivity, and driver-assistance systems. The first product under development with Tata Technologies is a small SUV targeting the 2028 launch, followed by a mid-size SUV, and efforts to revive Honda's sedan lineup.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Exclusive-Cost pressures and deadlock force Honda to rework India strategy, sources say",
        "url": "https://urgent.news/2026/10/05/exclusive-cost-pressures-and-deadlock-force-honda-to-rework-india-12096800",
        "published": "2026-10-05T06:16:13.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}