Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Does the USA import more Honda autos or export more Hondas?
Funny you should ask...
Don't know what, if anything, it means in the big picture. Just sort of a striking factoid.
Honda becomes first Japan automaker to be net exporter from U.S.
(Reuters) - Honda Motor Co (7267.T) last year exported more cars out of the United States than it imported into the country, claiming a first among major Japanese automakers.
More than 30 years after it began building cars in the U.S., the company's North American arm said it shipped 108,705 Honda and Acura brand vehicles out of the U.S. in 2013. The company imported 88,537 vehicles into the U.S. from Japan.
Rick Schostek, Honda North America's executive vice president, told reporters on a conference call the milestone was "one that's been 30 years in the making". The exported vehicles carried a value of $2.658 billion.
The net exporter status is also the product of significant recent investment - Honda has put more than $2.7 billion into expanding its North American auto plants in the past three years. That's part of a strategy designed to boost production in the U.S. and make cars close to the markets where they are sold, said Schostek.
Honda shipped from U.S. plants last year to 50 countries, but most of the exports went to Mexico. Honda did not include shipments to Canada in its U.S. export figures....
http://www.reuters.com/article/2014/01/28/us-autos-honda-usaexports-idUSBREA0R07620140128
(Reuters) - Honda Motor Co (7267.T) last year exported more cars out of the United States than it imported into the country, claiming a first among major Japanese automakers.
More than 30 years after it began building cars in the U.S., the company's North American arm said it shipped 108,705 Honda and Acura brand vehicles out of the U.S. in 2013. The company imported 88,537 vehicles into the U.S. from Japan.
Rick Schostek, Honda North America's executive vice president, told reporters on a conference call the milestone was "one that's been 30 years in the making". The exported vehicles carried a value of $2.658 billion.
The net exporter status is also the product of significant recent investment - Honda has put more than $2.7 billion into expanding its North American auto plants in the past three years. That's part of a strategy designed to boost production in the U.S. and make cars close to the markets where they are sold, said Schostek.
Honda shipped from U.S. plants last year to 50 countries, but most of the exports went to Mexico. Honda did not include shipments to Canada in its U.S. export figures....
http://www.reuters.com/article/2014/01/28/us-autos-honda-usaexports-idUSBREA0R07620140128
LBN Link: http://www.democraticunderground.com/1014710921