Within two years, Honda will no longer be an “import” automaker. The Japanese-owned company says it expects to become a “net exporter” as it expands shipment of U.S.-made vehicles to South Korea and other parts of the world.
Ironically, at a time when the U.S. is putting a new emphasis on manufacturing – and the well-paying jobs it creates — foreign-owned automakers like Honda are taking a lead in shipping American-made vehicles to a growing list of overseas markets. Honda is already one of America’s largest automotive exporters, and expects to have shipped 100,000 vehicles to 40 countries by the end of 2012 from assembly plants in Ohio and other parts of the country.
And, at a ceremony marking the production of the 1 millionth American-made Honda bound for export, company officials said exports will grow larger than the number of vehicles Honda imports into the States by the end of 2014.