Pasadena Attorneys

Pasadena Attorneys

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Honda Goes U.S
Profit-rich Honda Motor Co. announced plans Wednesday to construct a new plant in the United States - its sixth in North America - as part of a sweeping $1.18billion development plan to meet towering demand for its cars. Japan's No. 3 automaker also plans to upright a new assembly factory in Japan and an engine plant in Canada. The three plants are aimed at meeting an motivated 34 percent increase in annual sales to 4.5 million vehicles a year by 2010, Honda President and Chief Executive Officer Takeo Fukui said. "We have been looking at changes in demand and decided to expand our capacity," Fukui said at a Tokyo news conference.

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