Twenty-five years after the first U.S.-made Honda automobile was exported to overseas markets, associates at the company's Marysville Auto Plant today marked production of the 1 millionth Honda automobile to be exported from the U.S. The silver 2013 Honda Accord EX-L Sedan will be shipped to South Korea.
American Honda President Tetsuo Iwamura and Jim Burrell join Tyrone Moore, Hide Iwata, Jeff Tomko and over 500 other Honda of America Manufacturing, Inc. associates to commemorate the production of Honda's 1 millionth U.S. export vehicle - a Honda Accord EX-L - headed to Seoul, South Korea.
Within two years, Honda will become a "net exporter" of automobiles from North America -- exporting more vehicles built in its auto plants in North America than it imports from Japan -- as these local production operations take on a larger responsibility for the introduction of global automobiles sold in multiple countries.
"Quality for the world, made in America, has been an important Honda commitment for the past 25 years," said Takanobu Ito, president & CEO of Honda Motor Co., Ltd., in a video message to the gathering. "In the coming years, we will take on the challenge of helping even more customers around the world enjoy Honda products made in the USA."
Since 1987, Honda has exported more than $22 billion worth of automobiles and components from the U.S. This includes its exports of finished vehicles as well as component parts sets from suppliers in the U.S. that are used to produce automobiles at Honda plants overseas.
The export milestone Accord Sedan that rolled off the assembly line in Marysville, Ohio, now embarks on a more than 8,000-mile journey across the United States to Port Hueneme in Southern California, and then across the Pacific Ocean to Seoul, South Korea, where the company recently began sales of its U.S.-made vehicles. Honda currently exports automobiles to more than 40 countries (Honda does not include shipments from the U.S. to Canada as exports), with total exports expected to reach nearly 100,000 Honda and Acura vehicles from the U.S. in 2012.
Honda recently marked its 30th anniversary of producing automobiles in America, becoming the first Japanese carmaker to make automobiles in America on Nov. 1, 1982. Five years later, Honda became the first international automaker to export U.S.-made automobiles to overseas markets when it began shipping Ohio-made Accords to Taiwan in fall 1987. A year later, Honda exported its first U.S.-made Accord Coupe to Japan.
With an investment of more than $2.2 billion in its North American operations over the past two years, Honda will increase automobile production capacity in North America from the current 1.63 million to 1.92 million units per year in 2014. As a result, in the coming years, annual exports of Honda and Acura automobiles from the U.S. are expected to far surpass the company's previous single-year export record of 105,511 vehicles set in 1994.
Most Popular Stories
- Crimean Referendum Violates International Law: Obama
- Florida Insurers Reach Out to Hispanics
- House OKs $1 Billion for Ukraine
- BP Tripled CEO's Pay Despite Deepwater Horizon
- EU Breaks Off Talks With Russia
- Where Are the World's Most Expensive Cities?
- Putin Gets Thumbs-up From Assad
- Nakamoto 'No Longer Involved' in Bitcoin
- Cuba Accepts Invite for Talks With EU
- Disney Lays Off 700 From Interactive Unit