Honda China

Honda Automobile (China)
Industry Automotive
Founded 8 September 2003 (2003-09-08)[1]
Headquarters Guangzhou, China[1]
Area served
 Exported worldwide[1]
Key people
 Yasuhide Mizuno[2]
Production output
 10,800 units[3] (2016)
Owners
Honda(65%)
GAC Group(25%)[3]
Dongfeng Motor Group[1](10%)
Parent Honda
Chinese name
Simplified Chinese 本田汽车（中国）有限公司
Traditional Chinese 本田汽車（中國）有限公司
Alternative Chinese name
Simplified Chinese 本田中国
Traditional Chinese 本田中國
Website www.hondachina.com.cn

Honda Automobile (China) Co., Ltd. known also as CHAC[4] and Honda China (Chinese: 本田中国) is a automobile manufacturer owned by Honda and Chinese companies GAC Group and Dongfeng Motor Group. It is aimed for export worldwide only, not for domestic market in China.[1]

History

Honda Automobile (China) Co., Ltd. is a joint venture of Honda (65%),[nb 1] GAC Group (25%) and Dongfeng Motor Group (10%), incorporated on 8 September 2003.[1] It was located in Guangzhou. Dongfeng and GAC had formed separate joint venture with Honda as Dongfeng Honda (in July 2003)[5] and Guangqi Honda (in 1998) respectively. In 2018, Dongfeng made a public invitation to buy their stake in Honda China.[6]

It was reported in 2004, that the joint venture would export most of their products to Europe, as well as Southeast Asia.[7][8]

The plant currently exports mainly to the Middle East, Russia and Africa.[9]

Footnotes

  1. ↑ 10% owned via a China incorporated subsidiary (Chinese: 本田技研工业（中国）投资有限公司); NOT to be confused with Hong Kong incorporated "Honda Motor (China) Limited" (Chinese: 本田技研工業（中國）有限公司), founded in 1992

See also

References

  1. 1 2 3 4 5 6 "企业介绍" [about us] (in Chinese). Honda China. Retrieved 2 September 2017.
  2. ↑ Government Database accessed on 2 September 2017 (in Chinese)
  3. 1 2 "2016 Annual Report" (PDF). GAC Group. 2 September 2017.
  4. ↑ "First CHAC Manufactured City Rolls off Production Line". Honda Automobile (China). 12 October 2016. Retrieved 2 September 2017.
  5. ↑ "企业简介" [About us] (in Chinese). Dongfeng Honda. Retrieved 2 September 2017.
  6. ↑ "Dōng fēng guà pái chū shòu běn tián zhōng guó quán bù gǔ quán" 东风挂牌出售本田中国全部股权. 新京报 (in Chinese) – via XinhuaNet.
  7. ↑ "CHINA: Honda plant to make first car for Europe". Just-auto. Jun 14, 2004. Retrieved 2 September 2017.
  8. ↑ "Honda China Begins Exports of Compacts to Europe". Green Car Congress. Jun 24, 2005. Retrieved 2 September 2017.
  9. ↑ Reuters, AFP / (2016-10-18). "Honda to build new China factory". GulfNews. Retrieved 2018-02-04.
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