November 27, 2007
Honda’s cumulative auto production in Mexico reaches 200,000-unit milestone
Honda execs mark the production of 200,000 vehicles at the company’s plant in Mexico. Click image to enlarge
El Salto, Mexico – Honda de Mexico, S.A. de C.V., a Honda subsidiary in Mexico, has held a ceremony to mark the cumulative production of 200,000 automobiles. The milestone ceremony was attended by numerous dignitaries, including the Felipe Calderon Hinojosa, President of Mexico, and Takeo Fukui, President & CEO of Honda Motor Company Ltd.
Honda de Mexico also announced that it will begin production of a new product, Big Red, a two-passenger off-road multipurpose vehicle scheduled to go on sale in the U.S. next summer.
The company continues to expand, including its service parts production capacity; Honda’s total investment in Mexico from 2006 to 2008 is expected to reach US$140 million, including a series of expansions being carried out from last year.
Honda de Mexico began business in 1987 with sales of Honda motorcycles; it began local production of motorcycles in 1988 and automobiles in 1995, when it began producing the Accord. In September 2007 it also began local production of the CR-V, and expanded annual production capacity from 30,000 to 50,000 units.