The Japanese brand will expand the capacity of its Buenos Aires factory, where it produces motorcycles and parts.
Honda Motor announced an investment of US$15.4 million in Argentina to expand its export project for locally manufactured parts.
Honda has its plant in Campana, province of Buenos Aires, where it produces motorcycles for the local and export market, and has been in business for more than 1.4 million units produced in the country. “As part of the strategy to continue promoting national production, the projected objective for this fiscal year is to increase the number of export parts that will be destined for Honda’s operations in Brazil. To achieve this, investments of 15.4 million dollars are planned in the next three years,” said a statement from the Japanese firm.
Santiago Poglianodirector of Honda Motor Argentina, commented: “This new investment represents another great step for Honda in Argentina, in view of the upcoming projects planned for the company in the country. We are very pleased with the work we have been doing for more than fifteen years, to strengthen local production and synergy with the region.” “We remain strongly committed to the growth of the company’s business in the country, the development of the sector and the strengthening of the national industry,” added the executive.
03. Honda celebrates 46 years in Argentina.jpg
Honda’s export activity in Argentina has a long history: on motorcycles, started more than ten years ago with XR250 Tornado as the flagship model. Today, national motorcycles reach markets such as Bolivia, Costa Rica, Ecuador, Ghana, Haiti, Honduras, Nicaragua, Paraguay, Dominican Republic and Uruguay.
As to parts and piecesexports began incipiently alongside motorcycle production in Argentina and increased steadily, destined for the Brazilian replacement market.
Production in Argentina
The first production plant was located in Florencio Varela in 2006 with the start of production of the first model, the Biz C105, and then Wave NF100which would become the best-selling motorcycle in Argentina for five consecutive years. At the moment, Nine models are produced at the Campana plant: Wave 110S, Wave C110CD, NAVi, CB125F, GLH150, XR150L, XR190L, XR250 and CB300F Twister.
Every day, a motorcycle leaves the production line every 67 seconds and more than 500 units are manufactured.
In this anniversary month, exceeded 1.4 million units manufactured locally. Among the models, the following stand out: Wavewith more than 550,000 units, XR150 and the XR250 Tornado which exceeded 100,000 units.
Source: Ambito
I’m a recent graduate of the University of Missouri with a degree in journalism. I started working as a news reporter for 24 Hours World about two years ago, and I’ve been writing articles ever since. My main focus is automotive news, but I’ve also written about politics, lifestyle, and entertainment.
