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Honda Enters Uncharted Territory

Honda, one of the world's largest auto manufacturers, is in final talks with a US aircraft...

Honda Enters Uncharted Territory

Honda, one of the world's largest auto manufacturers, is in final talks with a US aircraft engine maker to set up a 50-50 joint venture in the United States to produce propeller engines for small planes, a report said.

Honda and Teledyne Continental Motors Inc. aim to establish the joint venture as early as this spring. The amount of capitalization is unknown.

Demand for small aircraft engines in the United States stands at 10,000 units a year

With the US maker, Honda plans to make a 4,000cc to 9,000cc engine generating less vibration and noise.

In addition to light aircraft, Honda and General Electric announced on Monday that they would jointly develop and produce a jet engine for light business aircraft, heralding the Japanese automaker's full-fledged entry into the aviation business.


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