T Mac
06-30-2006, 08:22 PM
Honda's Indiana plant bad news for Detroit
NEW YORK - On the same day that credit rating agency Standard & Poor's downgraded Ford Motor Corp's rating by one notch to single-B-plus from double-B-minus, Honda Motor Co announced its selection of an Indiana town for a US$550 million passenger-car assembly plant, the firm's sixth in North America.
Click here (http://www.atimes.com/atimes/Japan/HG01Dh01.html) to read the entire article from the Asia Times
NEW YORK - On the same day that credit rating agency Standard & Poor's downgraded Ford Motor Corp's rating by one notch to single-B-plus from double-B-minus, Honda Motor Co announced its selection of an Indiana town for a US$550 million passenger-car assembly plant, the firm's sixth in North America.
Click here (http://www.atimes.com/atimes/Japan/HG01Dh01.html) to read the entire article from the Asia Times