Honda targets U.S. for next plant as hybrids surge

On the Dash: Honda is eyeing a new U.S. plant to meet growing hybrid demand, its eighth domestic facility. The push follows Honda’s first annual loss and a retreat from its EV strategy. A final decision may hinge on whether the U.S. renews its USMCA trade agreement. Honda Motor Co. is looking to build its next manufacturing plant in the United States as demand for its hybrid lineup outpaces current capacity, a senior executive told reporters at a briefing in Washington, according to Bloomberg. Noriya Kaihara, Honda’s executive vice president, said the automaker needs more North American production to keep up with customer demand. He said Honda plans to decide…

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