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6%  
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  • Tariffs Work – Honda Shifts New Production Plan from Mexico to Indiana

    03/04/2025 7:29:12 PM PST · by SoConPubbie · 4 replies
    The Last Refuge ^ | March 4, 2025 | Sundance
    Facing the potential for tariffs on Mexican assembled autos, Honda has cancelled plans to invest in a new auto factory in Guanajuato, Mexico, beginning in November 2027. Instead, the car company will retool the Civic auto production facility in Greensburg, Indiana, keeping jobs in the USA.TOKYO, March 3 (Reuters) – Honda has decided to produce its next-generation Civic hybrid in the U.S. state of Indiana, instead of Mexico, to avoid potential tariffs on one of its top-selling car models, according to three people familiar with the matter.The change underscores how manufacturers are scrambling to adapt to U.S. President Donald Trump’s...