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Word Count: 995
Honda is one manufacturer that seems to be doing predominately well in the market even though its home country Japan is in economic recession There are various reasons why Japan has continued to thrive and do well in the marketplace One tactic that they use is to be economically efficient which helps their products to be low cost Another positive feature about Honda is that they have various models for different wants and needs of individuals Honda is also known for being well known for other products other than vehicles they also produce motorcycles engines generators lawn and garden products personal watercrafts pumps scooters and snowblowers Honda also has an extension of their vehicles which is called Acura who is also made up of various models of vehicles Soichiro Honda is known as the founder of Honda Corporation that flourished and went beyond just the national borders of Japan and into various countries throughout the world Soichiro Honda was born in 1906 in Hamamatsu which is located in the Shizuoka Prefecture of Japan His father was known to own a blacksmith wherein he also found time to repair bicycles as part of a hobby Soichiro Honda also found an interest in repairing and became an apprentice for an automobile repair shop located in Tokyo however there were not that many automobiles in that area at that time After an earthquake in 1923 there was a rise in mass transit which made Soichiro Honda engage in pursuing his dream of making motorcycles and hand-built racing cars During the 1930s Soichiro Honda saved up enough funds and started his own business of producing engine parts Subsequent to World War II and the destruction of Japans economy Soichiro Honda was able to keep business going by using the surplus engines from the war and adding them to bicycles With that thought Soichiro Honda started making motorcycles out of necessity due to the fact that gasoline prices
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