GAC Honda explained

GAC Honda Automobile Co., Ltd.
Type:Joint venture
Foundation: (Guangzhou)
Location City:Guangzhou
Location Country:China
Area Served:China
Industry:Automotive
Products:Automobiles
Owners:
Num Employees:Approximately 7,000
Subsid:Guangzhou Honda Automobile Research & Development Co., Ltd.
Guangzhou Honda Research & Development Co., Ltd

GAC Honda Automobile Co., Ltd. is a Chinese automobile manufacturing joint venture company based in Guangzhou, Guangdong province.[1]

Co-owned by Honda and GAC Group (Guangqi),[2] GAC Honda operates two plants that,, produces Honda-branded models and one car sold under the China-only Everus brand.[3] GAC Honda's products incorporate Japanese-made parts.[4]

Originally named Guangzhou Honda, this was changed to GAC Honda in 2009.[5], the company boasts a per year production capacity of 480,000.[6]

History

Seeking to replace the loss-making[7] of the Guangzhou Peugeot Automobile Company for a joint venture with another foreign car-maker, the government of Guangzhou established Guangzhou Honda Automobile Co Ltd with Honda, which beat out a number of rivals for the privilege, in May[8] or July[3] of 1998. GAC Honda launched its first model, an American version Accord in March 1999 along with its first 4S shop.[7]

Making a product that the Chinese consumer had familiarity with through high quality imports as well as a pre-existing sales and service network for these cars may have contributed to the early success of GAC Honda.[7] A recently failed joint venture between the Guangzhou Government and Peugeot (Guangzhou Peugeot Automobile Company) also helped to prepare the ground.

Beginning in 2009, GAC Honda has distributed automobiles by ship—reducing secondary transport distances and transport losses while also being environmentally responsible. The company also uses rail and road transport.[9]

In May 2024, Honda scales down production workforce in China.[10]

Everus

See main article: Everus. Everus (Li Nian), GAC Honda's first China-only brand, is targeted at consumers in inland cities like Chaozhou and Lanzhou who can't afford its Honda-branded vehicles but desire the cachet and technological underpinnings foreign-tied brands offer.[11] While it was the first China-only brand for any sino-foreign joint venture[12] other, similar marques do exist such as the Dongfeng/Nissan Venucia.

The first Everus model, the S1 subcompact, was unveiled at the 2010 Guangzhou Auto Show. The S1 is based on an old model of the Honda City.[13]

Customer service award

GAC Honda ranked highest in customer satisfaction with authorized dealer after-sales service according to the J.D. Power Asia Pacific 2009 China Customer Service Index Study.[14]

Products

Everus

Honda

Former products

Everus

Honda

Acura

Gallery

Former

See also

Notes and References

  1. Web site: 2020-03-29 . GAC Honda to Absorb Honda Automobile (China) . 2023-06-05 . global.honda . en.
  2. https://www.reuters.com/article/idUSHKG30646520091123 China's Guangqi Honda at 95 pct of 2009 sales target
  3. Web site: Company Profile . Guangqi Honda Automobile Co., Ltd . 2011-12-31. https://web.archive.org/web/20111102020840/http://www.ghac.cn/english/public/index_jsp_catid_1940_1947_1959_id_97398.shtml. 2 November 2011.
  4. News: Autoshow - Honda: China output to be affected by Japan parts shortage . Reuters . 2011-04-18 . https://web.archive.org/web/20180926085836/https://www.reuters.com/article/autoshow-honda/autoshow-honda-china-output-to-be-affected-by-japan-parts-shortage-idUSB9E7FE00320110419 . Chang-Ran . Kim . Fayen . Wong . 2018-09-26 .
  5. http://autonews.gasgoo.com/auto-news/1010156/Guangzhou-Honda-officially-renamed-Guangqi-Honda.html Guangzhou Honda officially renamed Guangqi Honda
  6. News: Guangqi Honda to Expand Automobile Production Capacity . Honda Motor Co., Ltd. . May 25, 2010 . 2011-12-31 . https://web.archive.org/web/20130423182453/http://world.honda.com/news/2010/c100525Guangqi-Honda/index.html . 2013-04-23 .
  7. https://books.google.com/books?id=EizYm46Kv_AC&q=Guangzhou+Honda&pg=PA423 Global Strategy - By Mike W. Peng
  8. Book: Juan Antonio Fernandez . Liu Shengjun . China CEO: a case guide for business leaders in China . John Wiley and Sons . 2007 . 91 . 978-0-470-82224-1 .
  9. Web site: Environment: FY2009 Initiatives . Honda . world.honda.com . c. 2010 . 27 July 2014. https://web.archive.org/web/20100405223225/http://world.honda.com/CSR/global-environment/action02/index.html. 5 April 2010.
  10. Web site: Honda scales down production workforce in China as sales slump . 2024-07-01 . Nikkei Asia . en-GB.
  11. https://www.reuters.com/article/idUSTOE6BJ04F20101220 AUTOSHOW-China joint venture brands eye growth in inland cities
  12. News: Guangqi Honda's Original Brand Introduces "Li Nian S1" . Honda Motor Co., Ltd. . April 18, 2011 . https://web.archive.org/web/20120625103742/http://world.honda.com/news/2011/4110418Li-Nian-S1/index.html . June 25, 2012 .
  13. News: New Models from the 2010 Guangzhou Auto Show (2): GAC-Honda Everus S1 . ChinaAutoWeb.com.
  14. http://www.jdpower.com/corporate/news/releases/pressrelease.aspx?ID=2009135 J.D. Power Asia Pacific Reports: Guangqi Honda Ranks Highest in Customer Satisfaction with Dealer Service in China