Honda Fit is going to play a big role in Honda's goal of increasing sales by 18 percent by the end of the 2017 fiscal year. In this time, production of the subcompact will commence in Mexico, and sales of the car are expected to swell to 200,000 units annually thanks to an expanded model lineup.
Joining the current hatchback model, Honda is planning to use the Fit as the basis for a new sedan and crossover, although it isn't clear whether or not the cars will wear the Fit nameplate.
The redesigned Honda Fit goes on sale next year with the new plant in Mexico going on line in 2014. The report says that the "vast majority" of cars built at this plant will be exported to the US.