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Honda North American Output Rises 67%, Leading Region – Bloomberg

…Honda plants in the U.S., Canada and Mexico built 748,217 cars and light trucks in the year’s first five months, a record for the period and 67 percent more than a year earlier, according to the company. Toyota Motor Corp. (7203), Asia’s biggest automaker, followed with a 64 percent North American increase to 787,777 vehicles….

Honda, the third-largest Japanese carmaker, and Toyota are targeting gains of 10 percent or more in U.S. sales this year after losing ground to Hyundai Motor Co. (005380) and Kia Motors Corp. (000270), both based in Seoul. Honda, Toyota and Nissan Motor Co. (7201) are also racing to limit exposure to a sustained rise in the yen against the dollar by shifting output and parts purchases from Japan.

via Honda North American Output Rises 67%, Leading Region – Bloomberg.

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