TOKYO -- Honda Motor Co. said on Thursday it would boost production capacity at its car plant in Sao Paulo, Brazil, by 80 percent to 100,000 units in 2008 at a cost of about $100 million.
The 9-year-old factory builds the Civic and Fit cars, including for export to other South American markets. Last year it produced 56,000 units.
Capacity would first be raised to more than 80,000 units by the beginning of 2007, it said in a statement.
Honda's sales in Brazil jumped 58 percent in 2004, outpacing the overall market's growth of 9 percent, it said.
In the first 10 months of this year, Honda's sales reached 46,641 units, up 14 percent from the same period last year, on track to achieve a record high for the full year.