Honda said it does not have a site yet for the new company in the U.S. but plans to be up and running by the end of this year. Where the new company will go is sure to be a subject of intense speculation. Last Friday, the rumor mill was already churning, as The Montreal Gazette reported that Bombardier is ready to sell its Learjet division, in Wichita, and Honda was interested in the property. Bombardier officials said the Learjet division is not for sale.
…As Honda Seeks Property, Learjet Falls Into Question
Key Takeaways:
- Honda plans to establish a new company in the U.S. by the end of the year, with its location yet to be announced.
- The site of the new company is a subject of speculation, fueled by rumors that Honda might acquire Bombardier's Learjet division in Wichita.
- Bombardier officials have denied these rumors, stating that their Learjet division is not for sale.
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