Honda Announces Changes in Automobile Production Operations in Mexico

September 7, 2019, Mexico

Corporate

EL SALTO, Jalisco, Mexico, September 6, 2019 – Honda de Mexico, S.A. de C.V., Honda's production and sales company in Mexico, today announced that it will shift production of the HR-V from its Guadalajara plant, which currently produces motorcycles, automobiles and power products, and consolidate all HR-V production at its Celaya plant from early 2020.

Honda de Mexico is currently conducting auto production at both the Guadalajara and Celaya plants. After due consideration of the optimization of production operations in Mexico, Honda de Mexico decided to consolidate all of its automobile production at the Celaya plant to improve business efficiency.

With this production adjustment, the Guadalajara plant will focus on production of motorcycles, power products and service parts. Moreover, with the consolidation of automobile production at Celaya plant, Honda de Mexico will further increase the efficiency of automobile production, create highly competitive products and continue delivering highly attractive products to its North American customers.

<About Honda de Mexico S.A. de C.V.>

Established: September 1985
Locations: El Salto, Jalisco, Mexico
  Celaya, Guanajuato, Mexico
Capital investment: 10,887,190,170 Mexican Peso
Capitalization ratio: 0.16% Honda Motor Co., Ltd.
  99.8% American Honda Motor Co., Inc.
  0.04% Honda of America Mfg., Inc.
Representative: Kazuhiro Takizawa, President
Business: Production and sales of motorcycles, automobiles and power products
Employment: Approximately 7,100 associates
Start of production: 1988 (motorcycle),
  1995 (automobile),
  2015 (power products)
Production capacity: 100,000 units (motorcycle),
  263,000 units (automobile),
  50,000 units (power products)
Key production models: GL150, CGL125, XR150L, DIO, CB190R (motorcycle)
  HR-V, Fit (automobile)
  WB Series and WL Series pumps (power products)