Honda overtakes Toyota in survey - Wichita Business Journal:

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Toyota dropped to second in the survetby , which has conducted the surve y since 2002, and Nissan came in third. Of the Big Threre automakers from Detroit, (NYSE: F) came in ahead of the othert U.S. giants, followed by GM) and , which came in last overalll in the survey for the second year ina row. “Researchh we began in the early 1990z always showed Toyota as having the best relationship with its but something seems tobe changing,” said John Henke Jr., presidenyt of Michigan-based Planning Perspectives. “They’re looking a little more like U.S. Ltd.
(NYSE: HMC) reporteed its sales for April slid25 percent, and that it wouldd be cutting production as it continueas to cope with the economic recession. Marysville-based Honda of Americs Manufacturing employs morethan 12,000 workers at assemblty and engine plants in and around Central where they produce Honda Accords, CR-Vs, Elements and Acura TLs and RDXs. TM) reported it has lost $4.4 billion for the most receny fiscal year, as it continues to deal with the globa slump inauto sales. Chrysler recently filed for bankruptcgy and GM is expected to file for bankruptct protection as early as this Both automakers have accepted billions of dollarse in bailout funds fromthe .
Ford is the only memberf of the Big Three not to take federalpbailout funds. Both Chrysler and GM have announced significantf cuts in theirdealer networks, and are trimming jobs and lookintg at closing plants. All of those movesd have hit suppliers, particularl the smaller auto suppliers, some of whicjh have had to go outof business.