Honda of America Mfg., Inc. · Marysville, OH United States
Company Description
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This link will open in a new window Honda of America Mfg. operates four Ohio plants where Honda automobiles, engines, SUVs, and transmissions are manufactured for the North American market and other regions. The company's Marysville Auto Plant builds up to 440,000 vehicles per year, and was the first US auto plant to manufacture both right- and left-hand drive cars on the same assembly line. Honda of America Mfg.'s other plants build cars, engines, and transmissions. Vehicles made by Honda of America Mfg. include the Accord coupe and sedan, the Acura TL and RDX, the Civic Sedan, CR-V, and the Element. The vehicles built at Honda's Ohio plants are sold in more than 100 countries worldwide. To read the full description, subscribe now.
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Key Honda of America Mfg., Inc. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | March |
| Employees | 13,500 |
Honda of America Mfg., Inc. Executives
1 executives listed for Honda of America Mfg., Inc.'s Marysville, OH location.
| Title | Name & Bio | Contact |
| President and Director | Hidenobu Iwata | Network |
Competition
Competitive Landscape for Honda of America Mfg., Inc.
Demand is driven by employment and interest rates. The profitability of individual companies depends on manufacturing efficiency, product quality, and effective marketing. Large companies have economies of scale in purchasing and marketing; smaller companies can compete by focusing on specialized markets. The industry is capital-intensive: average annual revenue per employee is nearly $2 million. US-based automakers compete with numerous foreign rivals, including companies such as Toyota, Honda, and Nissan that have extensive auto assembly operations in the US. Through stateside manufacturing capacities and exports to the US, foreign carmakers collectively have about half of the US market. US auto manufacturers' financial positions have deteriorated dramatically in recent years. The "Detroit Three" (Chrysler, Ford, and GM) have suffered from import competition and high cost structures. High gas prices, few small car offerings, and near record-low consumer demand during the late 2000s recession drove Chrysler and GM into bankruptcy, where their debts were restructured. Chrysler and GM also received billions in loans from the US and Canadian governments. Ford, which has joined GM and Chrysler in various government incentive programs but has not received direct federal investment, avoided bankruptcy largely due to more than $20 billion in secured and unsecured loans it took out in 2006. To read the full description, subscribe now.Top Honda of America Mfg., Inc. Competitors
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