Honda will spend $3B on a new Ohio car plant built around hybrids
Honda will build a $3B car plant in Ohio, its first new US assembly plant since 2008, to make up to 240,000 mostly hybrid vehicles a year from 2029.
Honda will build a $3B car plant in Ohio, its first new US assembly plant since 2008, to make up to 240,000 mostly hybrid vehicles a year from 2029.
The Japanese automaker said the plant will focus on hybrid vehicles and is expected to begin production in 2029.
President Donald Trump has threatened to double tariffs on Canadian vehicles and parts from 25% to 50% if a trade deal is not reached between the two countries.