Honda has decided to produce its next-generation Civic hybrid in the U.S. state of Indiana, instead of Mexico, to avoid potential tariffs on one of its top-selling car models, according to three people familiar with the matter.
Honda (HMC) has decided to produce its next-gen Civic hybrid in Indiana, U.S. instead of Mexico to avoid potential tariffs, Maki Shiraki of
Honda intends to move production of one of its best-selling car mos to the U.S. from Mexico in an attempt to avoid potential tariffs, Reuters reported on […]
On the eve of President Trump's tariffs, Reuters reported Honda would move production of the popular Civic to Indiana. Honda declined to comment.
Honda will not be building its next-generation Civic hybrid in Mexico as originally planned due to tariffs threatened by U.S. President Trump.
Honda Motor Co. (HMC) will make its next-generation Civic hybrid in Indiana, not Mexico, to dodge planned U.S. tariffs on foreign imports.
Honda’s chief executive, Shinji Aoyama, says the tariffs could have a ‘$20 billion plus’ impact on the company.
Honda is responding to the threat of tariffs on Mexico and Canada. But watch this space, because this isn't happening tomorrow.