Honda really likes going to Mexico. The Japanese auto maker is buying land in that country to make way for a new facility, and produce cars, as well as jobs.
The $800,000,000 facility located in Celaya will be home to the next generation Honda Fit for all suppliers in North America, mainly the US and Canada.
This is not the first time Honda has invaded this country - they have a plant 210 miles away in El Salto. This facility currently builds vehicles for sale at Honda Superstore of Joliet. Honda might add Fit Hybrid and Fit Electric to these assembly lines by 2014.
Inside Line reminds us of the power Honda has in North America: "Honda says that more than 87 percent of the cars and trucks it sells in North America are produced locally. The new plant could boost that to more than 90 percent."1
Celaya's plant will produce an annual vehicle capacity of 200,000 units. The factory will also boost total North American capacity from 1.63 million vehicles to 1.83 million units - spread throughout eight assembly lines: 4 in the US, 2 Canadian, and now 2 in Mexico.