Honda (HMC) CEO Takanobu Ito says he wants to increase the company's exports from its U.S....

|About: Honda Motor Co., Ltd. (HMC)|By:, SA News Editor

Honda (HMC) CEO Takanobu Ito says he wants to increase the company's exports from its U.S. factories from 6-7% of their output, with 20% "conceivable." Buffeted by the strong yen, Honda has moved engineering responsibilities for its next-generation Civic to the U.S. and is considering doing the same for the Accord. The car maker is also gearing its plants so they will be profitable while operating at just 70% of capacity.