Business: A Made-in-America Japanese Car

Honda Motor decides to open an Ohio assembly plant

With sales falling, plants closing and layoffs spreading in the crucial U.S. auto industry, manufacturers and union leaders have been complaining about the surge of imported cars, particularly from Japan. At last the Japanese themselves are becoming concerned that the U.S. may erect trade barriers. To head off growing calls for protection, as well as cash in on the U.S. demand for its cars, Honda, a scrappy company that was started in 1948 and has become an aggressive exporter to many countries, has decided to...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!