--Honda Motor has decided to produce its next line of Civic hybrids in the state of Indiana instead of Mexico to avoid potential tariffs, according to a Reuters report that cites unnamed sources.
--This is the first concrete move by a major Japanese car company to address concerns about Donald Trump's proposed 25% tariff on Mexican imports, the report said.
--New Civic production has been pushed to May 2028 from November 2027, according to the unnamed sources.
--A Honda spokesperson declined Reuters's request for comment.
Full story: https://www.reuters.com/business/autos-transportation/honda-produce-next-civic-indiana-not-mexico-due-us-tariffs-sources-say-2025-03-03/
(END) Dow Jones Newswires
March 03, 2025 09:05 ET (14:05 GMT)
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