--- Accelerate our effort to strengthen the core characteristics that make Honda unique and proactively pursue creation of advanced technologies and products that represents the uniqueness of Honda ---

TOKYO, Japan, December 19, 2006– Honda Motor Co., Ltd. announced that it would further accelerate its effort to strengthen the core characteristics that make Honda unique in each business area in order to continue creating new value and providing products and services which are beyond customers’ expectations.

Outlining the strategy for the entire Honda organization, Honda updated the status of HondaJet sales as well as the proposed US manufacturing location and sales departments.  The HF120 Turbofan engine developed in a joint venture with GE Honda Aero Engines, LLC was also mentioned.

...Honda has been receiving far more orders than the annual production plan of 70 units. With a plan to deliver the first HondaJet to a customer in 2010, Honda is making progress in determining the location for a production plant in the U.S. and establishing a high quality sales and service network.

In addition to the HondaJet, the HF120 Turbofan engine which was developed by the joint venture company GE Honda Aero Engines LLC, will be installed to the Spectrum Aeronautical’s “Freedom” which will go on sale in 2010.  Honda will also be providing fuel efficient and highly competitive advanced engines in the world of aviation...

A complete summary of the 2006 Honda CEO year end speech can be found by following the link below.

Original Release