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Honda Import Costs Could Spell More American Production

While Honda builds nearly every vehicle it sells in North America, there are still a few stragglers that are imported from Japan. However, the rising value of the Japanese Yen could force the Big H's hand in moving production to the United States sooner rather than later.

"Under the current exchange rate of 80 yen per dollar, our export business doesn't make any profit,"1 explains Honda CFO Fumihiko Ike. The profit that…

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