• Kyodo

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Honda Motor Co. President Hiroyuki Yoshino inaugurated the company’s newest auto plant in North America on Tuesday with an upbeat message on Honda’s stake in a U.S. auto market that has been softened by a slowing economy.

Speaking to reporters after attending the formal launch of Honda’s fourth North American auto plant in Lincoln, Ala., Yoshino said sales of new cars in the United States could fall below 16 million units next year, down from the record 17.4 million sold in 2000.

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