Honda Plans $500 Million Car Plant in Mexico, Financiero Says

Honda Motor Co., Japan’s third- largest automaker, plans to invest at least $500 million to build a car factory in Mexico, El Financiero newspaper reported.

The plant will likely be located in Salamanca, a city in the central state of Guanajuato, and construction would begin next year, El Financiero reported, citing Mexican Economy Ministry officials it didn’t identify by name.

Honda’s press office in Mexico City declined to comment on the report by El Financiero. Nikkei newspaper in Japan said earlier this week that Honda will build an auto plant in Mexico that produces the Fit compact car and will begin operation in 2014.

Honda has a plant in Mexico’s southwestern state of Jalisco, according to its website.

Source;
http://www.bloomberg.com/news/2011-08-02/honda-plans-500-million-car-plant-in-mexico-financiero-says.html

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Honda Plans $500 Million Car Plant in Mexico, Financiero Says

Honda Motor Co., Japan’s third- largest automaker, plans to invest at least $500 million to build a car factory in Mexico, El Financiero newspaper reported.

The plant will likely be located in Salamanca, a city in the central state of Guanajuato, and construction would begin next year, El Financiero reported, citing Mexican Economy Ministry officials it didn’t identify by name.

Honda’s press office in Mexico City declined to comment on the report by El Financiero. Nikkei newspaper in Japan said earlier this week that Honda will build an auto plant in Mexico that produces the Fit compact car and will begin operation in 2014.

Honda has a plant in Mexico’s southwestern state of Jalisco, according to its website.

Source;
http://www.bloomberg.com/news/2011-08-02/honda-plans-500-million-car-plant-in-mexico-financiero-says.html

Read more »

Honda to revive HR-V in 2014,To be upsize and slot below CR-V

Older news but news none the less.... not expecting this for the North American market....
The current Honda HR-V is small SUV at the size of Suzuki SX4.The fist car will arrive in 1998 and second generation was debute in 2007.

Unfortunately the car is not success and discontinued in 2010.

Dua to recent boom of small crossover, Honda is plan to revive the car in by August 2014.

Mag-x of Japan have photoshop the car.

Size of the new HR-V will slighly increase and will be upmarket to compet with the like of Nissan Qashqai and Mitsubishi ASX where its place between Compact and Sub compact SUV.

Size is speculate at 4350 mm Long X 1745 mm wide X 1640 mm high.

Under the hood will be 2.0 liter 4-cylinder petrol and 2.2 liter diesel is also on card for European market.

Autoten also received news that Honda is working on smaller 1.5 liter diesel engine to fit in Jazz/Fit.

We not sure if this power will under new HR-V hood but it have strong possibility.

Honda claims that this car will be UV-utility vehicle.

So,we have to wait and see what they are going to bring some new innovative or difference from conventional SUV.

Source;
http://autoten.com/2011/05/31/honda-to-revive-hr-v-in-2014to-be-upsize-and-slot-below-cr-v/

Read more »

Honda to revive HR-V in 2014,To be upsize and slot below CR-V

Older news but news none the less.... not expecting this for the North American market....
The current Honda HR-V is small SUV at the size of Suzuki SX4.The fist car will arrive in 1998 and second generation was debute in 2007.

Unfortunately the car is not success and discontinued in 2010.

Dua to recent boom of small crossover, Honda is plan to revive the car in by August 2014.

Mag-x of Japan have photoshop the car.

Size of the new HR-V will slighly increase and will be upmarket to compet with the like of Nissan Qashqai and Mitsubishi ASX where its place between Compact and Sub compact SUV.

Size is speculate at 4350 mm Long X 1745 mm wide X 1640 mm high.

Under the hood will be 2.0 liter 4-cylinder petrol and 2.2 liter diesel is also on card for European market.

Autoten also received news that Honda is working on smaller 1.5 liter diesel engine to fit in Jazz/Fit.

We not sure if this power will under new HR-V hood but it have strong possibility.

Honda claims that this car will be UV-utility vehicle.

So,we have to wait and see what they are going to bring some new innovative or difference from conventional SUV.

Source;
http://autoten.com/2011/05/31/honda-to-revive-hr-v-in-2014to-be-upsize-and-slot-below-cr-v/

Read more »