Honda for the first time in history, will close plant in Japan

Honda впервые в истории закроет завод в Японии

The plant in Sayama stop working around 2021.

Honda Motor intends for the first time in its history to stop car production at a major plant in Japan and to close the plant.

In a press release, Honda said that the factory in Sayama (Saitama Prefecture) will stop working around 2021.

Honda was forced to revise the strategy in Japan due to the weaker domestic demand and rising costs for self-driving and electric cars.

After the closure of the factory in Saitama Prefecture Honda will bring the total number to release in Japan about 700 thousand cars for the domestic market and 100 thousand for export.

In 2016, the company produced in Japan 820,2 thousands of cars from which to 147.2 thousand were exported.

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Earlier, Honda unveiled the tenth-generation Accord sedan.