Honda US Cars Head Overseas
For decades, foreign auto makers built their vehicles in whatever country they were based in. Spearheaded by Honda, companies have set up production lines in the countries their cars are sold in, cutting down on exporting time and cost. Now, the roles may be reversed. Cars built in the US, like Honda Accord, are being shipped to Korea.
With the yen at an all time low, it is more cost effective for Honda to?