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Honda to move Accord hybrid production from Japan to Thailand

Automaker joins parade of rivals investing more in Southeast Asia

Honda sold about 500,000 Accords in 2018, mainly in the U.S. and China.

TOKYO -- Honda Motor will shift Japanese production of its Accord hybrid sedan to Thailand, where it wants to take advantage of tax incentives for manufacturing greener cars, according to sources.

Honda's plan follows Mitsubishi Motors' announcement earlier this month of its intention to make plug-in hybrids in the Southeast Asian country, starting in early 2021.

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