-- Automaker Honda Motor plans to move its car production out of Canada and Mexico and into the U.S. in response to Trump's 25% tariffs on imported vehicles, according to a Nikkei report.
-- Honda could increase U.S. vehicle production by up to nearly one third over the next two-to-three years which would allow it to reach 90% of unit sales there with domestically produced cars, Nikkei says.
-- Honda produces CR-V SUVs and Civic sedans in Canada, which is part of the 500,000 vehicles the company imports into the U.S., the report says.
Full article: https://asia.nikkei.com/Business/Automobiles/Honda-considers-increase-in-U.S.-production-to-meet-90-of-local-sales
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
April 15, 2025 07:22 ET (11:22 GMT)
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