Honda to build first US auto plant in 2 decades as hybrid demand rises

What happened: Honda Motor announced plans to build a new auto assembly plant in Ohio, its first US auto plant in two decades, to expand hybrid vehicle production as US demand rises. Key numbers: $3 billion investment; 2,000 jobs expected; 240,000 vehicles per year capacity; announcement made Monday. Why it matters: The plant expands Honda's US hybrid production capacity in response to rising American demand for hybrid vehicles.

Honda Motor announced plans to build a new auto assembly plant in Ohio, its first US auto plant in two decades, to expand hybrid vehicle production as US demand rises.

The plant expands Honda's US hybrid production capacity in response to rising American demand for hybrid vehicles.