SAO PAULO -- Honda Motor said Thursday it will invest 1.6 billion reais ($300 million) by 2029 in a Brazilian motorcycle factory, expanding the facility to meet growing demand in the South American country.
Automobiles
Honda plans $300m expansion of Brazil motorcycle plant
Japanese automaker eyes rising demand as local consumers seek affordable rides
Honda Motor's factory in Manaus, Brazil, can turn out 1.4 million two-wheelers per year. (Honda Motor)
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