Sparing suppliers 03-20-2024 Japan Update

TOKYO -- Honda will help suppliers avoid the risks of rising interest rates by paying for auto part dies in lump sums, rather than protracted installments, in a move that could improve their cash flow.   Paying in 24 installments has been a practice in the auto industry for over 20 years.   Read the full story here.	All Newsletters  |  View in browser
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	March 20, 2024

	Honda to shield suppliers from higher rates with lump-sum payments TOKYO -- Honda will help suppliers avoid the risks of rising interest rates by paying for auto part dies in lump sums, rather than protracted installments, in a move that could improve their cash flow.   Paying in 24 installments has been a practice in the auto industry for over 20 years.   Read the full story here.
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