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
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.

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