Aug 12, 2011

Globalization: Honda building new $800-million auto plant in Mexico

Honda building new $800-million auto plant in Mexico: "Honda is going to build a new $800-million auto plant in Mexico to make subcompacts. It's going to open in 2014 and employ 3,200.

This will be one big plant, capable of churning out 200,000 cars a year. It will be situated in Celaya, Guanajuato, north of Mexico City in an area where other automakers have set down roots. ...

In 2010, more than 87% of Honda and Acura cars and light trucks sold in America were produced in North America."

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