Honda’s Plans for 6th U.S. Plant Reported
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From the Associated Press
Honda Motor Co. plans to build a new automobile factory in North America, according to a news report, as the Japanese carmaker tries to bring supply in line with surging sales.
The assembly plant would be Tokyo-based Honda’s sixth in a region that accounts for about half the company’s annual global sales.
The location of the factory is not yet decided but it is slated to open in 2009 with a capacity of 150,000 vehicles a year, the Nihon Keizai newspaper said, without citing sources.
Honda spokesman Shigeki Endo declined to comment.
