business

Honda to stop making cars in Argentina in 2020

0 Comments
By Alberto Alerigi

Japan’s Honda Motor Co says it will stop producing automobiles in Argentina next year as part of a global shift in how it shares production between regions.

Honda said its Campana plant in the province of Buenos Aires, which produces the HR-V model, will focus solely on making on motorcycles. Honda started making motorcycles in Argentina in 2006 and began auto production there in 2011.

Responding to Reuters questions, Honda said in a statement the decision was part of a global reorganization of auto production and was unrelated to the results of the primary elections in Argentina on Sunday.

Around 1,000 employees work in Honda Argentina, and the company is in talks with the local union to offer a buyout for the employees involved in the auto production, the company said.

© (c) Copyright Thomson Reuters 2019.

©2019 GPlusMedia Inc.

No Comment
Login to comment

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites