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Honda Has Big News

Honda jump starts its plans for the future.

extended warrantyHonda is currently over half-way toward the deadline of its “2010 Vision.”  This vision was first stated in 1998, and with only four years left the Japanese auto maker recently announced its plans to complete the process.

Honda’s 2010 Vision is a long-term corporate initiative "to become a company that society wants to exist." Initiated in 1998, this three-part 2010 Vision calls for the expansion of Honda’s global operations through the year 2010 through "creating new value" for the customer, expanding local operations through "glocalization" and advancing environmental and safety technologies through a "commitment for the future."

Honda has two main points of focus during the next four years.  They will increase their presence in North America and further lower emissions.  

To accomplish the first goal they will build new plants in the U.S. and Canada starting in 2008.  Honda already produces 1. 4 million units in North America.  These proposed expansions will bump that number up to 1.6 million.  Even at this time almost 8 out of 10 Hondas and Acuras sold in North America are made here.  

The other focus will be to lower emissions across the board on all of their vehicles.  Honda already has the current lowest Corporate Average Fuel Economy (CAFÉ) but they are not satisfied.  Their goal is to lower emission by 5% by 2010.  

Honda has increased its North American sales for 9 straight years and it doesn’t look like they plan on breaking that trend any time soon.

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Posted on Thursday, May 18th, 2006 at 5:50 am In Auto Warranty  

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