June 29 : Honda Motor is exploring issuing euro-denominated bonds expected to total over 400 billion yen ($2.47 billion) to fund payments to auto parts makers, the Nikkei newspaper reported on Monday. The report said the automaker is likely to use the funds to compensate parts makers after revising its electric vehicle strategy, as well as for investments in hybrid vehicles. Honda last month posted its first annual loss in seven decades, hurt by more than $9 billion in restructuring costs for

Tag-uri: Honda