7/21/2012

Honda to double exports from US

Honda Motor is expecting to double its U.S.-made vehicle exports in the next few years

Honda will export about 100,000 units this year to markets in Europe, South America and Asia, said Rick Schostek, senior vice president of Honda of America Manufacturing. And it will invest $40 million in an Indiana plant to increase annual production capacity by 50,000 units, to a total of 250,000 vehicles. 

The Greensburg, Indiana-based plant will hire roughly 300 new workers later this year in preparation for the increased production that will start early next year, he said.Separately, Honda said yesterday it is recalling more than 320,000 vehicles worldwide because of a door lock defect. The faulty locks could allow the vehicles’ doors to open unexpectedly, the automaker said.

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