Honda Automobile (China) Co., Ltd. previously known as China Honda Automobile Co., Ltd. (CHAC)[4] was a joint venture automobile manufacturing plant owned by Honda and Chinese companies GAC Group and Dongfeng Motor Group. The plant solely produced vehicles for international exports, while vehicles for domestic market supply are manufactured by 50-50 joint ventures Dongfeng Honda and Guangqi Honda.[1]
Honda Automobile (China) Co., Ltd. was 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] Exports to Canada commenced in 2011.[9]
As of 2016, the plant exports mainly to the Middle East, Latin America, Russia and Africa.[10]
On 1 April 2020, Guangqi Honda joint venture officially absorbed the plant and renamed it as the Guangzhou Development District Factory.[11] The absorbed plant will produce up to 50,000 vehicles annually, boosting total annual production capacity of Guangqi Honda to 770,000 units per year.[12] Under the new name the plant will begin producing Accord for the Chinese domestic market, while continuing to produce and export the City model for the Mexican market up to 2020.
Footnotesedit
^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
honda, automobile, china, confused, with, dongfeng, honda, guangqi, honda, previously, known, china, honda, automobile, chac, joint, venture, automobile, manufacturing, plant, owned, honda, chinese, companies, group, dongfeng, motor, group, plant, solely, prod. Not to be confused with Dongfeng Honda or Guangqi Honda Honda Automobile China Co Ltd previously known as China Honda Automobile Co Ltd CHAC 4 was a joint venture automobile manufacturing plant owned by Honda and Chinese companies GAC Group and Dongfeng Motor Group The plant solely produced vehicles for international exports while vehicles for domestic market supply are manufactured by 50 50 joint ventures Dongfeng Honda and Guangqi Honda 1 Honda Automobile China Co Ltd IndustryAutomotiveFounded8 September 2003 20 years ago 2003 09 08 1 Defunct1 April 2020 4 years ago 2020 04 01 1 FateAbsorbed by GAC HondaSuccessorGuangzhou Development District FactoryHeadquartersGuangzhou China 1 Area servedExported worldwide 1 Key peopleYasuhide Mizuno 2 Production output10 800 units 3 2016 OwnersHonda 65 GAC Group 25 3 Dongfeng Motor Group 1 10 ParentHondaChinese nameSimplified Chinese本田汽车 中国 有限公司Traditional Chinese本田汽車 中國 有限公司TranscriptionsAlternative Chinese nameSimplified Chinese本田中国Traditional Chinese本田中國TranscriptionsWebsitehttps www honda com cn Contents 1 History 2 Footnotes 3 See also 4 References 5 External linksHistory editHonda Automobile China Co Ltd was 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 Exports to Canada commenced in 2011 9 As of 2016 the plant exports mainly to the Middle East Latin America Russia and Africa 10 On 1 April 2020 Guangqi Honda joint venture officially absorbed the plant and renamed it as the Guangzhou Development District Factory 11 The absorbed plant will produce up to 50 000 vehicles annually boosting total annual production capacity of Guangqi Honda to 770 000 units per year 12 Under the new name the plant will begin producing Accord for the Chinese domestic market while continuing to produce and export the City model for the Mexican market up to 2020 Footnotes edit 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 1992See also editList of Honda assembly plantsReferences edit a b c d e f g 企业介绍 about us in Chinese Honda China Archived from the original on 21 January 2020 Retrieved 2 September 2017 Government Database accessed on 2 September 2017 in Chinese a b 2016 Annual Report PDF GAC Group 2 September 2017 First CHAC Manufactured City Rolls off Production Line Honda Automobile China 12 October 2016 Retrieved 2 September 2017 企业简介 About us in Chinese Dongfeng Honda Retrieved 2 September 2017 Dōng feng gua pai chu shou ben tian zhōng guo quan bu gǔ quan 东风挂牌出售本田中国全部股权 新京报 in Chinese China Archived from the original on January 6 2018 via XinhuaNet CHINA Honda plant to make first car for Europe Just auto Jun 14 2004 Retrieved 2 September 2017 Honda China Begins Exports of Compacts to Europe Green Car Congress Jun 24 2005 Retrieved 2 September 2017 Bunkley Nick Austen Ian 2011 12 21 In Canada a Car Built in China The New York Times ISSN 0362 4331 Retrieved 2021 03 30 Honda to build new China factory GulfNews Reuters AFP 2016 10 18 Retrieved 2018 02 04 Honda Global March 29 2020 GAC Honda to Absorb Honda Automobile China global honda Retrieved 2020 05 23 GAC Honda To Absorb Honda Automobile In China Boosting Production Capacity Carscoops Retrieved 2020 05 23 External links editOfficial website nbsp nbsp This Chinese corporation or company article is a stub You can help Wikipedia by expanding it vte nbsp This article about an automotive industry corporation or company is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Honda Automobile China amp oldid 1216472149, wikipedia, wiki, book, books, library,
