Honda to build plant in Russia

Tuesday, September 20, 2011 Label:
Honda will build their first factory in Russia. Honda became the fifth of Japan's auto companies are investing in Russia.

AFP quoted the Nikkei newspaper reported that Honda has filed a building permit vehicle manufacturers to the Russian government. The move was carried out with increasing market in Russia.

Honda, the automotive companies into the 3rd largest in Japan, will build a production plant with a capacity of between 30 thousand and 50 thousand per year in Russia. The initial investment in the tens of millions of dollars.

Plant site will be discussed with the Russian government, but the potential is a region in Russia's Far East coast. Nikkei did not name the city that potential in the region.

Toyota, Nissan, Mitsubishi and Mazda already has a factory or are building their factories in Russia.

Sources: Antara
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