Around the Net
Honda More Exporter Than Importer
- Detroit Bureau, Tuesday, January 28, 2014 8 AM
Honda says it is now exporting more vehicles from the U.S. than it is importing. Its U.S. subsidiary American Honda exported 108,705 vehicles to 50 countries outside North American last year while importing just 88,537 vehicles from Japan. With the midsize Accord leading the way, Honda has increased the export of American-made vehicles nearly six-fold since 2009 while reducing imports by more than 50% over the same period. The value of those exports reached $2.66 billion last year.
