Automaker investments to top $5B in 2013

Aug 09, 2013 | 06:53 PM | Corinna Petry

Tags  automotive investments, Honda Motor, powertrain, aluminum die casting capacity, General Motors, Chrysler, Ford Motor, Hyundai Motor Kia Motors

CHICAGO — Honda Motor Co. Ltd. plans to spend about $215 million on new powertrain technologies and a technical training center at its engine plant in Anna, Ohio, particularly to boost capacity for aluminum die cast parts.

Honda’s early-August announcement puts the total investment pledged by the eight top-selling automakers into the U.S. market at more than $5 billion since Jan. 1.....

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