Honda building spree reveals plans for global growth

So Acura won't be making it to Japan just yet, and the new NSX has been delayed until at least 2010, but parent company Honda is not slowing down for anything. Company President Takeo Fukui is determined not to let Honda get left behind in the battle for global automotive supremacy. In the name of meeting demand, he announced that Honda will be building five factories, two engine plants, and two R&D facilities. Much of the new construction will be taking place in Asia to fulfill demand in the Asia-Oceana region: Thailand, and Tochigi, Yorii, and Ogawa Japan. With everything in place, Honda plans to turbocharge production of its increasingly ubiquitous small cars by an extra 300,000 per year by 2010.

Thanks for the tip, Dylan!

[Source: Car Advice]

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