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  • Honda Canada to Build CR-Vs for Export Following EU Trade Deal

Honda Canada to Build CR-Vs for Export Following EU Trade Deal

Deal Would Result in “Modest” Number of New Jobs

Mar 30, 2015
Due to a convergence of factors, North America has lately become a major export hub for automakers, and among some of the biggest exporters are actually foreign-owned brands. The Honda CR-V will soon join the BMW X5 as being an export from the continent to across the Atlantic. Except this time, the vehicles will be coming out of Honda’s Alliston, Ontario plant. Thanks to a recently negotiated trade deal between Canada and the European Union, the Alliston plant plans to eventually export as many as 40,000 CR-V to the EU. The new trade deal allows Honda to export Canadian-built vehicles to Europe “virtually tariff-free,” according to a Bloomberg report.
Honda of Canada Manufacturing (HCM) is a 450-acre facility northwest of Toronto with a total workforce of approximately 4,600 and an annual production capacity of more than 390,000 units. The plant has built the Acura MDX, Honda Odyssey, and Honda Civic coupe, as well as the CR-V. The plant currently builds only the Civic coupe and CR-V. Although no specific figures were given, Honda Canada said it expected the export deal to result in a “modest” number of new jobs at the plant. North American market CR-Vs currently come from Alliston and Honda’s East Liberty, Ohio, plant. The CR-V is also built at plants in Japan, Thailand, China, England, and Mexico.
Source: Bloomberg

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