| Canada, October 1, 1998 --- Honda Canada Inc., the subsidiary of Honda
responsible for manufacturing and sales in Canada, issued the following
press release on September 30, 1998 at 2 p.m. local time (3 a.m. October
1 Tokyo time). It gives details about the new Odyssey minivan being manufactured
locally in Canada by Honda, the first one of which rolled off the production
line today.
Today Honda Canada (Headquarters: Scarborough, Ontario; President: Shigeru
Takagi) announced that their automobile manufacturing division, Honda of Canada
Manufacturing (HCM: operating site in Alliston, Ontario; Operations Manager: Noriyuki
Koide) held a ceremony to celebrate the first of their new range of Odyssey minivans
designed specifically for the North American market rolling off the newly constructed
second production line at the HCM factory.
Several VIPs attended the ceremony, including Canadian Federal Industry Minister
John Manley, Ontario state premier Mike Harris and the Japanese ambassador to
Canada, Katsuhisa Uchida. Presiding over the ceremony, Honda Motor Vice-President
(and President of American Honda) Koichi Amemiya commented that, with the minivan
segment now so well established within the North American market, the new Odyssey
with its low-emission (LEV) engine and complete range of unique Honda features
represented the company's best response to the wishes of customers for a high-quality,
environment-friendly minivan. He also thanked the Canadian federal government,
state government of Ontario and all Honda's local suppliers for the various kinds
of support granted in the project including construction of the factory and commissioning
of the new minivan production site.
The new site housing the second production line is located adjacent to HCM's
existing manufacturing plant, which has an annual production capacity of 170,000
vehicles. Once it is operating at full capacity, the second line is expected to
have an annual production capacity of 120,000 vehicles and employ 1,200 workers.
In its first year, production of 60,000 units of the new Odyssey is planned, all
of them destined for the North American market. In anticipation of the commencement
of local production of this new model, exports of the original Odyssey from Japan
have already ceased. The new investment in plant and equipment totaled C$300 million,
bringing the cumulative total investment in HCM to over C$1.1 billion.
Since it began operations in November 1986, HCM has produced over 1.2 million
Honda Civics for the Canadian and US markets. Honda's plans call for continued
investment in its local manufacturing facilities in North America, with the goal
of boosting the combined annual production capacity of HCM and its counterpart
in the United States, Honda of America Manufacturing (HAM), to 1.01 million vehicles
by 2001.
Outline: Honda Canada Inc.
- Established: March 1969
- President: Shigeru Takagi
- Headquarters: Scarborough, Ontario
- Paid-in capital: C$226.09 million
- Capital investment shares: Honda Motor: 50.14%; American Honda: 49.86%
- No. of employees: 3,300 (2,900 at HCM)
Outline: Honda of Canada Mfg.
- Established: November 1986
- Operations Manager: Noriyuki Koide
- Location of manufacturing plant: Alliston, Ontario
- Total production site area: 1.82 million sq. meters
- Annual production capacity: 290,000 vehicles (first line 170,000; second line
120,000)
Outline: the new N. American Odyssey minivan
- Length: 5,110 mm
- Width: 1,920 mm
- Height: 1,740 mm
- Fueled weight: 1,920 kg (LX model)
- Engine type: SOHC V6 6-cylinder 24-valve VTEC
- Displacement: 3,500 cc
- Maximum output *: 210 PS/5,200 rpm (SAE NET)
- Maximum torque *: 31.6 kgm/4,300 rpm
- Exhaust emissions: passes California state LEV (Low Emission Vehicle) standards
in the light truck category
- No. of passengers (incl. driver): 7
- Main features: dual sliding doors (EX model features the first-ever electrically
operated dual sliding doors in a minivan); convertible second row which allow
the bucket seats to slide together to form a bench seat; third "magic" seat that
can be folded down beneath the floor; separately adjustable dual air conditioning
system; dual SRS airbags; ABS; cruise control; remote-control electric side mirrors;
tinted windows.
* When using unleaded premium gasoline
Odyssey EX (N. American version)
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