Honda will move its factories from Canada and Mexico in the USA — MASS media

Due to the 25% customs duties imposed by the US administration on imported cars, the Japanese automaker Honda Motor will move its factories from Canada and Mexico in the USA. This is reported by the Nikkei newspaper.

According to the newspaper, Honda annually sells about 1.42 million cars in the United States. This is about 40% of its global sales. At the same time, about 1 million cars are produced in The United States. And about 500 thousand cars are imported to the USA from the outside. Mostly from Canada.

It is reported that the company intends to increase production in the United States by 30%. Thus, 90% of Honda cars sold in the USA will be manufactured there.

It is noted that from Canada in The United States will postpone the production of CR-V crossovers and Civic sedans. Production of the HR-V model will be transferred from Mexico to the USA. This is expected to take at least two years.