TOKYO — Already one of the leanest manufacturers in the industry, Honda Motor Co. Ltd. is now directing its attention to the powertrain field, which has become a drag on operations since the market turned downward in 1997. At a year-end news conference, Honda president Hiroyuki Yoshino confirmed that the company will spend $147 million over the next three years to construct a new engine plant in Sayama, adjacent to its existing vehicle assembly plant, and to modernize its engine and ...

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