Honda's US Exports Outnumbered Its Imports in 2013
Honda has made history, becoming the first overseas automaker to export more vehicles built in America than it imports from Japan.
The Japanese automaker exported 108,705 vehicles from the U.S. while importing only 88,537 vehicles from Japan. The figure takes into account vehicles from both the Honda and Acura brands. The American automotive industry as a whole remains a net importer of cars with about seven million of the 15.6-million vehicles sold in the U.S. being built overseas.
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Over the last three years, Honda has invested over $2.7 billion expanding its North American operations with top-selling models such as the Accord, CR-V and RDX being produced in the U.S. Last year, the automaker produced a record 1.3-million vehicles, a 7.4-percent increase compared to 2012. Honda’s biggest export markets include Saudi Arabia, Russia, United Arab Emirates and Mexico.
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[Source: LA Times]
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Jason Siu began his career in automotive journalism in 2003 with Modified Magazine, a property previously held by VerticalScope. As the West Coast Editor, he played a pivotal role while also extending his expertise to Modified Luxury & Exotics and Modified Mustangs. Beyond his editorial work, Jason authored two notable Cartech books. His tenure at AutoGuide.com saw him immersed in the daily news cycle, yet his passion for hands-on evaluation led him to focus on testing and product reviews, offering well-rounded recommendations to AutoGuide readers. Currently, as the Content Director for VerticalScope, Jason spearheads the content strategy for an array of online publications, a role that has him at the helm of ensuring quality and consistency across the board.
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