Honda to build new U.S. plant in Indiana

Newswire

DETROIT, June 28 (Reuters) - Japan's Honda Motor Co. Ltd. said on Wednesday that it plans to build a new $550 million U.S. auto plant in Indiana and start production in fall of 2008. Honda said the plant will be constructed on a 17-acre site near Greensburg. Honda, the first Asian auto maker to build vehicles in the United States, has outlined an aggressive growth strategy for North America. The company plans to grow North American sales by 16 percent to over 2 million vehicles by the ...

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