Honda to Build Parts Factory for Hybrid Cars - Nikkei
Date: 24-Jul-06
Country: JAPAN
Japan's third-biggest auto maker will build the factory on the grounds of its Suzuka factory in Mie Prefecture, central Japan, Nikkei said.
The plant, to be operational in 2008, would enable Honda to quadruple its annual production capacity for electric motors to 200,000 units and cut the cost of assembling small-sized hybrid cars, the daily said.
Honda officials were not immediately available for comment.
(US$1=116.17 Yen)