Following up on April 15's Honda To Relocate Mexican, Canadian Production To U.S.
From the New York Post, April 15:
Honda on Tuesday said it has no plans to move car production from Canada and Mexico to the US, following a report that the Japan auto giant was considering shifting some operations to avoid potentially devastating tariffs.
“No changes are being considered at this time,” Honda Canada said in an emailed statement.
“Honda has not made any production decisions that affect operations in Mexico, nor are any currently being considered,” Honda Mexico said in an emailed statement.
The denials came after the Nikkei newspaper reported that Japan’s second-biggest automaker was considering switching some car production from US’ neighbors aiming for 90% of vehicles sold in the country to be made there.
Honda plans to boost its production in the US by up to 30% over the next two-to-three years, the outlet reported....
....MUCH MORE, including comments on companies reshoring or moving to the U.S.