In an apparent sharp contrast to Auto News James B. Treece’s opinion that Honda Motors is in trouble, the automaker has announced it is considering expanding its U.S. plants and even adding a new one. In particular, demand for its award-winning new Civic is also forcing the company to consider importing models from its Japanese and U.K. facilities until a decision is made.
Said Takeo Fukui, CEO of Honda, "In the short term we are looking at raising imports from Japan and the U.K. to meet demand. On a medium- or long-term basis, we should look to increase production in North America and we are making a plan for that at the moment.''
[Source: AIADA via Bloomberg via The Auto Channel]