The Argentine plant is the third Honda car-making facility this year to receive a closure notice.

Honda has announced it will cease local production of cars in Argentina from 2020.

The company's factory in Campana, about an hour north of the capital Buenos Aires, was opened in 2006 as a motorcycle plant, with car production beginning in 2011.

Currently the facility manufactures the HR-V crossover, as well as the CG150, Wave and XR150L motorcycles. While production of the HR-V will end next year, bike production will continue.

Honda will carry on selling and servicing new cars in Argentina after it ceases local manufacturing.

Honda's car plant in neighbouring Brazil, which is capable of making 120,000 vehicles per year, is unaffected by today's announcement. Both Brazil and Argentina are part of the Mercosur free-trade zone.