Exclusive: Japan's Honda aims to cut more than $9 billion in costs over the next four years and has instructed suppliers to drastically reduce their prices ↧ EXCLUSIVE: Honda tells suppliers to cut costs in $9 billion push to... Japan's Honda aims to cut more than $9 billion in costs over the next four years ​and has instructed suppliers to drastically reduce their prices, according to internal documents and one person familiar with the matter.