Honda ups vehicle production in February
Japan's third-largest automaker, Honda Motor Co., disclosed that due to rising demand it increased global vehicle
production 11% year on year in February 2005 to 280'536 units.
The company's overseas
production rose 11% to 165'960 units in February, while domestic output increased 9.4% to 114'576 units.
Honda aims to expand its
production capacity in
China, where it holds a 5% market share. The company is also building more factories overseas so that it can deliver vehicles to customers in a more timely fashion.