New U.S. plant for Honda?

At at time when U.S. auto makers are trimming back production, Honda looks set to build another North American plant. According to today’s Nihon Keizai Shimbun, Japan’s leading business daily, Honda plans to open a new North American plant in 2009, which will initially churn out 150,000 Civics and Fit compacts. The Nikkei says capacity could eventually reach 300,000 and help take Honda’s total North American output close to 1.8 million vehicles a year—roughly the same as Toyota. The report doesn’t say where Honda will build the new plant other than that it will likely be near one of its existing facilities. Honda currently has plants in Ohio, Alabama, Ontario, and Jalisco in Mexico. Let the bidding commence.

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