Filed under: Plants/Manufacturing, Honda
Honda has just announced it will build a new assembly plant in a suburb of Celaya, Guanajuato, Mexico. This will be Honda's eighth assembly plant in North America and third in Mexico, and is being built for the production of "fuel-efficient subcompact vehicles" for the Mexican and North American markets.
The new plant will cost Honda $800 million to build, be completed in 2014 and add 3,200 jobs to the region when its operational. While we don't yet know what it will build, the plant's estimated annual capacity will be 200,000 units, which raises Honda's North American production capacity to 1.83 million vehicles annually. According to the company, 87 percent of all Honda and Acura vehicles sold in the U.S. are made in North America.
The smallest vehicle Honda currently builds here is the Civic, which is made in both Indiana and Ontario, Canada. As for what this new Mexican plant will build, our best guess is the Fit, which is already a worldy car being built and sold as the Honda Jazz all over the globe. The only other small cars that Honda sells in the U.S. are its two hybrids, the Insight and CR-Z, and to date the company has kept production of its hybrid vehicles in Japan.
Continue reading Honda announces new Mexican plant to build small cars for North America
Honda announces new Mexican plant to build small cars for North America originally appeared on Autoblog on Fri, 12 Aug 2011 17:32:00 EST. Please see our terms for use of feeds.
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