Production of Honda Fit Hatchback to Move to Mexican Manufacturing Plant

Many Japanese automakers have started to consider building cars for export markets outside their home country, due to the strength of the Yen that can increase profits. Honda is a prime example, due to its recent decision to build the Honda Fit hatchback at its new plant in Mexico at the beginning of spring 2014. This new plant in Guanajuato, Mexico is Honda’s third assembly plant in Mexico and is being built for the production of “fuel-efficient subcompact vehicles” for the Mexican and North American markets. The plant will raise Honda's North American production capacity to 1.83 million vehicles annually.