Honda says no to hybrids in new Indiana factory
Honda president Takeo Fukui has denied newspaper reports that Honda hybrids will be built a new Indiana factory that opens in 2008. Sources say the Civic will be built there, but all Fukui said was that Honda will build small vehicles with 4-cylinder engines. Honda currently makes the Civic Hybrid but has announced it will build a smaller hybrid vehicle in 2009. The automaker will also introduce diesel engines to American consumers. In other Honda news, Fukui said the company's engineers will focus on profitable cars while a new subsidiary takes over development of minicars for the Japan market.
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[Source: Kae Inoue & Tetsuya Komatsu / Bloomberg]
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