cross-posted from : https://lemmy.zip/post/62156706
Company executives said that “Honda was unable to deliver products that offer value for money better than that of newer EV manufacturers,” making it uncompetitive. So it was recording billions in losses and packing up.
It was Mibe, who is now Honda President, who said that the company had “no chance,” reports Nikkei Asia. Mibe was touring the factory of a supplier in China where there were no humans on the production floor. He learned that Chinese factories could build fast and cheap, but also with quality.
Ok but where at on the scale? And what’s the scale?
Assuming on a scale of 1-10, 10 being the highest quality overall and no is perfect. If Subaru is an 8, are these like a 5 as in a Ford Focus?
It’s apparently high enough to fold a competitor on sight.
I guess that means Honda Civic or higher. That’s gotta hurt.