Toyota Motor Corp. and Honda Motor Co. posted production records at their assembly sites in North America in 2013. Toyota produced 1.86 million Toyota and Lexus cars and light trucks at its sites in the United States, Canada and Mexico. Honda, meanwhile, built 1.78 million Honda and Acura vehicles in North America.
While production gains were not reflected in US sales, it could be seen through growth in exports to markets like South Korea and Latin America. Nissan and Honda, as well as Nissan Motor Co., have been expanding their vehicle and component plants in North America in order to insulate their earnings from currency swings that could render imports unprofitable, as well as to prevent over-reliance on parts sourced abroad.
In 2011, a number of natural disasters hit Asia, affecting several parts makers. As a result, the carmakers were forced to stall production for weeks. Toyota has expanded its Princeton site in Indiana to boost production of Highlander SUVs.
The carmaker will start producing Lexus ES sedans at its Georgetown site in Kentucky in 2015. Honda, meanwhile, is set to open a new site in Celaya, Mexico, for building Fit hatchbacks. In 2015, Honda will start producing Acura NSX supercars at a new experimental site in Marysville, Ohio.