The consolidation of Honda’s production landscape continues, with the automaker announcing Tuesday that it will cease production of passenger vehicles in Argentina next year. Honda builds the subcompact HR-V at its Campana assembly plant; come 2020, the facility will revert back to building only motorcycles.
It’s just the latest move by an automaker eager to bolster its bottom line and build defences against a possible recession by streamlining its operations on a global scale. Like other companies, Honda is eager to rid itself of excess plant capacity and source vehicles from cost-effective locales. (Read More…)
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