Honda says it will stop making autos in Argentina in 2020
(Adds company explaining decision)
By Alberto Alerigi
SAO PAULO, Aug 13 (Reuters) - Japan's Honda Motor Co
on Tuesday said it will stop producing automobiles in
Argentina next year as part of a global shift in how it shares
production between regions.
Honda said its Campana plant in the province of Buenos
Aires, which produces the HR-V model, will focus solely on
making on motorcycles. Honda started making motorcycles in
Argentina in 2006 and began auto production there in 2011.
Responding to Reuters questions, Honda said in a statement
the decision was part of a global reorganization of auto
production and was unrelated to the results of the primary
elections in Argentina on Sunday.
Around 1,000 employees work in Honda Argentina, and the
company is in talks with the local union to offer a buyout for
the employees involved in the auto production, the company said.
(Reporting by Alberto Alerigi Jr.; editing by Bill Rigby and
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