This video is part of our "Motley Fool Conversations" series, in which industrials editor/analyst Brendan Byrnes discusses topics across the investing world.
In today's edition, Brendan discusses Honda and its plan to build a new production facility in Thailand. We've seen many automakers, including Ford and Toyota, increasing their presence in Thailand. The main reason is the country's network of suppliers, and its proximity to China and other fast-growing Asian markets. Honda and Toyota also get the added benefit of shifting more production outside of Japan, where the strength of the yen hurts profits for cars made in the country and sold abroad. Brendan talks about what this move means specifically for Honda, and goes in-depth on the best buys in the entire industry.
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