Honda Plans $500 Million Car Plant in Mexico, Financiero Says
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Honda Motor Co., Japan’s third-largest automaker, plans to invest at least $500 million to build a car factory in Mexico, El Financiero newspaper reported.
The plant will likely be located in Salamanca, a city in the central state of Guanajuato, and construction would begin next year, El Financiero reported, citing Mexican Economy Ministry officials it didn’t identify by name.