Arab Today, arab today honda targets doubling exports from us
Last Updated : GMT 13:57:49
Arab Today, arab today
Arab Today, arab today

Honda targets doubling exports from US

Arab Today, arab today

Arab Today, arab today Honda targets doubling exports from US

Washington - AFP

Honda Motor is ramping up production in the United States and expects to double its US-made vehicle exports in the next few years, a senior Honda official said Wednesday. Honda will export about 100,000 units this year to markets in Europe, South America and Asia, said Rick Schostek, senior vice president of Honda of America Manufacturing. \"That number will double in the next couple of years,\" he said at an Automotive Press Association event in Detroit. In 2011, Honda\'s operations in the US exported 53,000 units outside North America, he said. Schostek announced that Honda will invest $40 million in an Indiana plant to increase annual production capacity by 50,000 units, to a total of 250,000 vehicles. The Greensburg, Indiana-based plant will hire roughly 300 new workers later this year in preparation for the increased production that will start early next year, he said. The plant will add production of the Civic Hybrid, Honda\'s most popular hybrid model in the United States. In April it became Honda\'s first plant in North America to build a hybrid vehicle, the Acura ILX Hybrid. Last year the Indiana plant opened a second shift of production that added approximately 1,000 jobs. That was also the year that, for the first time, Honda built more vehicles in the United States than in Japan, as the Japanese automaking industry reeled from the March 2011 earthquake-tsunami disaster. Honda\'s production in the US was 823,000 units, compared with 710,000 in Japan. In 2010, production was slightly higher in Japan but overall Honda is expanding production in the US and North America, where it began building cars in 1982. \"Nine of the 10 Honda and Acura vehicles we sell in the US will be built here,\" said Shostek, adding that the North American operations will also take on a larger role in the development of key models such as the mid-sized Honda Accord. Honda announced in August 2011 it would build a new assembly plant in central Mexico, slated to open in 2014. The expansion in Mexico and at the Indiana plant will raise Honda\'s total production capacity in North America, including Mexico and Canada, to 1.92 million units by the middle of the decade. Since late last year, Honda\'s seven automobile production plants in North America have been operating at or above their current full straight-time capacity, which totals 1.63 million vehicles per year, Schostek said.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today honda targets doubling exports from us Arab Today, arab today honda targets doubling exports from us

 



Arab Today, arab today
Arab Today, arab today Fadi explains secrets of  Nancy Ajram's newlook

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Tourist guide explains types of tourism

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Ola Ghanem hopes to work with M.Ramadan

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday