Honda to move Accord hybrid production to Thailand
Honda Motor will shift Japanese production of its Accord hybrid sedan to Thailand, where it wants to take advantage of tax incentives for manufacturing greener cars.
The move will start with the Accord model scheduled for release in Japan in early 2020. Honda is also considering exporting from Thailand to other countries, including Australia.
The automaker plans to spend 5.82 billion baht ($189 million) on the plan, which will expand its output of cars with electric motors.
Honda's plant in Sayama, north of Tokyo, has been making the Accord but will terminate auto production by the end of March 2022.
Honda decided it would be more efficient to import the Accord from Thailand, where its plant already makes the model with the steering wheel on the right side.