• Skip to main content

    Global Trade

    Honda Ohio plant follows Audi greenfield investment

    Written by Nicholas Bell


    Honda plans to invest $3 billion in a new Honda Ohio plant as it expands US hybrid production and assembly capacity. The project follows Audi’s Oct. 25 announcement of a separate greenfield assembly plant in Georgia. Honda expects the central Ohio factory to begin production in 2029, pending final government approvals.

    The plant will add capacity for 240,000 vehicles a year. Honda said the project will lift its total US auto production capacity to about 1.3 million vehicles annually.

    Nicholas Bell

    Read more from Nicholas Bell

    Latest in Global Trade

    Edward Meir’s week in review and thoughts for the week of Nov. 9, 2026

    Base metals prices had a mostly lower week, apart from nickel, which ended up by about 7% on growing talk that production and export quotas out of Indonesia could be introduced. This kind of speculation has been in and out of the market for some time now. But nothing has come out of it, and overall nickel output from the country continues to grow. Tin and copper were among the bigger losers last week, off by about 2.7% and 5%, respectively. The two are most closely associated with the AI/semiconductor trade. Zinc shed about 3.4% on the week but was quite strong over the last two weeks, and so the retreat was not surprising. Aluminum ended the week just about flat, while lead finished down by about 1.2%.