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0 -0.00053041018387555 -0.00176803394625179 -0.000353606789250283 0.00477369165487983 0.00636492220650635 0.00636492220650635 0.00636492220650635
Stock impact report

Honda debunks reports of production shift to US amid auto tariff concerns [USA TODAY]

Honda Motor Company, Ltd. (HMC) 
Last honda motor company, ltd. earnings: 2/7 03:16 am Check Earnings Report
US:NYSE Investor Relations: world.honda.com/investors
Company Research Source: USA TODAY
Japan's second-biggest automaker by sales plans to increase U.S. vehicle production by as much as 30% over two to three years in response to U.S. President Donald Trump's decision to put a 25% levy on imported vehicles, Nikkei said. "We constantly study options for future contingency planning and utilize short-term production shift strategies when required," Honda Canada said. "We are confident in our ability to continue navigating current market conditions effectively." Honda Canada, the second-largest domestic auto manufacturer by volume in 2024, operates a plant in Alliston, Ontario. Mexican Economy Minister Marcelo Ebrard said on Tuesday in an X post that Honda executives in the country have told the government they have no plans to modify their production there. Honda has plants in the states of Guanajuato and Jalisco. In the weeks before the new U.S. levy went into effect, Reuters reported that Honda planned to make its next-generation Civic hybrid in the U.S. state of Show less Read more
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