SAO PAULO -- Honda Motor Co. on Tuesday said it will stop producing automobiles in Argentina next year as part of a global shift in how it shares production between regions.
Honda said its Campana plant in the province of Buenos Aires, which produces the HR-V subcompact crossover, will focus solely on motorcycle output. Honda started making motorcycles in Argentina in 2006 and began auto production there in 2011.
Honda said in a statement the decision is part of a global reorganization of light-vehicle production and is unrelated to the results of the primary elections in Argentina on Sunday.
Around 1,000 employees work at Honda's Argentina factory, and the company is in talks with the local union to offer a buyout for employees involved in auto production, the company said.