Honda to invest $3 billion in new vehicle assembly plant in Ohio

FinanceInternationalCNBCNov 9, 2026, 11:10 AMAI summary

Honda Motor announced a $3 billion investment to build a new vehicle assembly plant in Ohio, near its other facilities in Marysville. The plant is expected to begin production in 2029, with capacity for 240,000 vehicles a year and more than 2,000 jobs. It will be able to produce internal combustion engine vehicles, electric vehicles and hybrids, and would raise Honda's U.S. light-duty vehicle capacity to 1.3 million units annually.

In 35 seconds

Honda will invest $3 billion in a new assembly plant in Ohio, near Marysville.
Production is expected to begin in 2029, with capacity for 240,000 vehicles a year and more than 2,000 jobs.
The plant will be able to build combustion, electric and hybrid vehicles.

Read the full story at CNBC

IASummary generated by artificial intelligence from a story by CNBC. It may contain errors: the original source prevails.

Honda
Ohio
automoción
inversión
Estados Unidos

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Honda to invest $3 billion in new vehicle assembly plant in Ohio

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Turkey aims to electrify 35% of its economy by 2035 with a $500 billion plan

Boeing to cut 5% of its commercial airplane workforce

Wall Street rebounds: Nasdaq rises 2.6% despite Nvidia's slide over investigation into its CEO

Agricultural prices slowed their rise in October, but the effect on consumers would not be immediate