Auto company growth: Honda plans new plants

Continuing my auto rant from Tuesday, one of the more profitable auto companies, Honda, is now looking at opening up three plants across the globe.
One would be in Japan, one in Canada and one in the United States. The company said it would spend $400 million to build the U.S. plant, creating 1,500 jobs. The U.S. plant would be Honda’s sixth North American assembly plant.
Honda President Takeo Fakui said the company would also spend $639 million to build its first new plant in Japan since 1976, and $140 million on an engine plant in Canada.
Tuesday, we learned about unions authorizing a strike vote at Delphi that could shut down the auto parts supplier and cripple General Motors.
Today, we learn about an auto company with plans to expand.
What a difference.
Honda ranks second among Japanese auto companies in American sales, behind Toyota.
The new U.S. plant will most likely build the Honda Civic, which the automaker already produces in East Liberty, Ohio, and the Fit, a subcompact that Honda sells in Japan and just offered for sale here.
Honda introduced a new version of the Civic last fall and the Fit is reaching the market along with new small fuel-efficient cars from Toyota, Nissan and Chrysler.
What should the U.S.-based auto companies do to survive and grow? Talk to me.