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  • jeyebolt2003 jeyebolt2003 Dec 7, 2012 8:28 PM Flag

    Honda supplies jobs to Mexico

    More American money will be gone forever.

    TOKYO -- Honda Motor Co. plans to build three variants of its Fit compact, including a sedan version, at its Mexican plant currently under construction.

    The two other variants are the standard hatchback and a Fit-based crossover, said an executive familiar with the plans.

    Honda is considering selling all three in the United States, the person said. The company thinks a general shift toward small cars may fuel U.S. demand for a sedan-styled Fit. Honda currently sells a Fit-based sedan, called the City, in Asia.

    A Honda source confirmed that a Fit-based crossover would be the second vehicle from the Mexican plant, but declined comment on a sedan variant.

    The Mexican factory, scheduled to open in 2014 with annual capacity for 200,000 vehicles, expects to deliver as much 30 percent of its output to the Mexican market, the person said.

    In October, Honda President Takanobu Ito told Automotive News the vast majority of the plant's output would go to the United States. But he declined to give figures.

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