Honda

Indiana economic development officials are in Japan this week to bolster relationships with the Hoosier State’s top source of foreign investment.

The Asian nation backs more business in Indiana than in any other state – especially in the automotive sector, at Honda, Toyota, Subaru and their suppliers.

And that investment isn’t just about jobs. Those big Japanese-owned factories are also huge energy consumers. That’s why Gov. Eric Holcomb’s Japan trip includes power company executives, such as Harold Gutzwiller of Hoosier Energy in Bloomington.

Here's some interesting news about the car market in the United States: Citing increased competition, Honda said it is taking the unusual step of redesigning its Civic sedan months after a unveiling its 2012 model this summer.

Here's what Tetsuo Iwamura, chief executive for American Honda Motor Co., told The Detroit News: