Manufacturing in Japan is costing companies a chunk from their profits. Honda is planning to move production out of the country to an upcoming plant in Celaya, Mexico which would go operational from 2014.
Among other cars, Honda’s Fit, which we all know as Jazz in India, would be produced here for the American, Canadian, Mexican and other markets.
About Celaya Plant in Mexico:
- The new plant would go operational from 2014
- The plant would employ close to 3200 workers
- Annual capacity of the plant would be 2,00,000 units
- Celaya would be Honda’s 8th Auto plant and 10th auto assembly line in North America
- In 2011, 85 percent of Honda and Acura cars and light trucks sold in US were produced in North America and this number would exceed 90 percent in coming years.
- Honda’s overall investment in North America will reach US $21 billion
- Production capacity of Honda would increase from 1.63 million units to 1.87 units n 2014
- Honda has more than 33,000 associates in North America