Our Sites

Honda to expand in U.S., Canada

Honda announced plans May 16 to advance toward its "2010 Vision" for North American automobile operations, in conjunction with a wider global strategy announced in Japan the same day by Honda Motor Co., Ltd.

Honda's North American plan includes the following new corporate initiatives:

  • Construction of a new auto plant in the U.S., with an investment of approximately $400 million to begin production in 2008 and employment of more than 1,500 associates at full capacity. (Site selection for the new facility has already entered its final stage. Additional details of the new facility, including location and product production plans will be announced at a later date.)
  • Construction of a new engine plant in Canada to begin production of four-cylinder engines in 2008, with an investment of $140 million and employment of 340 associates.
  • Expansion of U.S. engine, transmission and powertrain component production in Ohio and Georgia, with additional investment of $125 million and additional employment of 80 associates.
  • Introduction in the U.S. and Canada in 2009 of a new, more affordable, dedicated hybrid car.
  • Introduction in the U.S. and Canada within the next three years of new diesel engine technology that meets U.S. EPA Tier 2 Bin 5 emissions standards.
  • Establishment of a goal to increase American Honda's Corporate Average Fuel Economy (CAFE) by five percent over 2005 levels by the year 2010.

More information can be found here.