For a company that was founded upon the principle of pushing technological possibilities, the Honda Motor Company took its dandy ol' time between the late 1990s and now to finally start working on new projects again.
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Honda plans to invest $98 million into an engine plant in the curiously-named Anna, Ohio, ahead of its plan to build next-generation powertrains, such as advanced hybrids.
Baby steps, people.
The recent flooding in Thailand has forced Honda, alongside Toyota, to reveal that its North American production will be cut by a whopping 50 percent.