Honda is continuing its global pull back of production by announcing it will cease automotive manufacturing operations in Argentina next year.  This is after announcing the closure of its Swindon UK plant  and the pull back of production in the U.S., mainly of the Civic and Accord. Honda is in the midst of consolidating production to fewer facilities and using fewer platforms to produce their vehicles. 

Honda said it's plant in Campana, which produces the HR-V will focus solely on manufacturing motorcycles. Honda is in talks with the local union to potentially offer buyouts to those who will be affected by the cessation of automotive production. The total plant population is over 1,000 workers. Honda has been building motorcycles in Argentina since 2006 and automobiles since 2011.

 

 

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I expect consolidation around the globe for all the auto makers as the recession takes hold.

Smart move by Honda.  Ideally they would move all car/CUV production to the United States and drop most other plants.

On 8/14/2019 at 9:04 PM, riviera74 said:

Smart move by Honda.  Ideally they would move all car/CUV production to the United States and drop most other plants.

I wonder how much the inflation and political instability in Argentina have a factor in this...