Wednesday, February 2, 2011

Honda to Build More CR-Vs in the U.S., Plans to Increase the use of Parts from Low-Cost Countries


The strong yen is affecting all Japanese automakers that are exporting their locally produced cars to America. Honda is one of them, as of the 72,000 CR-Vs built last year in Japan, 35,000 made their way to North America. Japan�s third largest automaker wants to invest in its North American plants to increase the number of CR-V it builds here and reduce exports from Japan, thus minimizing losses due to exchange rates.

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