Honda chief eyes more exports from US

[FarCenter]

Honda chief executive Takanobu Ito wants to boost the Japanese carmaker's exports from the United States to counterbalance the effects of the strong yen, he said in an interview.

"Our US plants export just 6 percent to 7 percent of production. But they should be able to do more than that," Ito told the Wall Street Journal on Monday.

"If there's enough demand from other regions for larger vehicles, then closer to 20 percent is conceivable," he added.
...
Honda, Japan's third biggest automaker, currently exports five models from the United States -- the Accord and Civic sedans, the Pilot and MDX sport utility vehicles, and the Odyssey minivan.

Last year, it exported 55,000 vehicles from North America.

http://www.france24.com/en/20121127-honda-chief-eyes-more-exports-us

[Travis_0004]

1. Sounds good

I wonder if they are planning to build a new factory, which I assume would be required to up exports that much.