Honda is contemplating a strategic shift of its production facilities from Mexico and Canada to the United States. This decision comes in response to automobile tariffs and aims to significantly boost the company's manufacturing capacity within the U.S.
By implementing this plan, Honda expects to increase its U.S. vehicle production by 30% over the next two to three years. Consequently, this would result in 90% of Honda's sales in the U.S. being comprised of vehicles manufactured domestically. The move aligns with Honda's strategy to mitigate the impact of tariffs and strengthen its presence in the American market.
