It shouldn't surprise anyone that Honda can make cars more cheaply in Mexico than in the United States. The cost of labor, real estate, etc., are all less in Mexico.
(AFP) MEXICO CITY -- Japanese automaker Honda announced plans Friday to build a new plant in Mexico that will employ 3,200 people and build fuel-efficient subcompact vehicles for the Mexican, US and Canadian markets.Honda will invest $800 million to build the plant, which is expected to begin operations in 2014 and will have the capacity to build 200,000 vehicles per year.
"With growing demand for fuel-efficient vehicles, this plant will increase Honda's ability to meet customer needs for subcompact vehicles from within North America," said Tetsuo Iwamura, chief operating officer for Honda's North America Region.
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