Honda Automobile (China) Explained

Honda Automobile (China) Co., Ltd.
Industry:Automotive
Fate:Absorbed by GAC Honda
Successor:Guangzhou Development District Factory
Hq Location City:Guangzhou
Hq Location Country:China
Area Served:Exported worldwide
Key People:Yasuhide Mizuno[1]
Production:10,800 units
Production Year:2016
Parent:Honda
Website:https://www.honda.com.cn/

Honda Automobile (China) Co., Ltd. previously known as China Honda Automobile Co., Ltd. (CHAC)[2] 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.

History

Honda Automobile (China) Co., Ltd. was a joint venture of Honda (65%), GAC Group (25%) and Dongfeng Motor Group (10%), incorporated on 8 September 2003.[3] It was located in Guangzhou. Dongfeng and GAC had formed separate joint venture with Honda as Dongfeng Honda (in July 2003)[4] and Guangqi Honda (in 1998) respectively. In 2018, Dongfeng made a public invitation to buy their stake in Honda China.[5]

It was reported in 2004, that the joint venture would export most of their products to Europe, as well as Southeast Asia.[6] [7] Exports to Canada commenced in 2011.[8]

As of 2016, the plant exports mainly to the Middle East, Latin America, Russia and Africa.[9]

On 1 April 2020, Guangqi Honda joint venture officially absorbed the plant and renamed it as the Guangzhou Development District Factory.[10] 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.[11] 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.

See also

Notes and References

  1. https://archive.today/20200414091346/http://www.gsxt.gov.cn/ Government Database
  2. Web site: First CHAC Manufactured City Rolls off Production Line. 12 October 2016. 2 September 2017. Honda Automobile (China). 2 September 2017. https://web.archive.org/web/20170902183156/http://www.hondachina.com.cn/chac_Extranet_en/dynamic_news/enterprise_content.jsp?catid=800%7C921%7C960&id=4929. dead.
  3. Web site: 企业介绍. about us. 2 September 2017. Honda China. zh. 21 January 2020. https://web.archive.org/web/20200121075620/http://www.hondachina.com.cn/chac_Extranet/company_profile/company_introduct.jsp?catid=799%7C802%7C812. dead.
  4. Web site: 企业简介. About us. 2 September 2017. Dongfeng Honda. zh.
  5. News: Dōng fēng guà pái chū shòu běn tián zhōng guó quán bù gǔ quán. https://web.archive.org/web/20180106045138/http://www.xinhuanet.com/fortune/2018-01/02/c_1122194878.htm. dead. January 6, 2018. zh: 东风挂牌出售本田中国全部股权 . 新京报. zh-cn. XinhuaNet.
  6. Web site: CHINA: Honda plant to make first car for Europe . Jun 14, 2004 . Just-auto . 2 September 2017 . 29 July 2017 . https://web.archive.org/web/20170729094919/http://www.just-auto.com/news/honda-plant-to-make-first-car-for-europe_id70097.aspx . dead .
  7. Web site: Honda China Begins Exports of Compacts to Europe . Jun 24, 2005 . Green Car Congress. 2 September 2017 .
  8. News: Bunkley. Nick. Austen. Ian. 2011-12-21. In Canada, a Car Built in China. en-US. The New York Times. 2021-03-30. 0362-4331.
  9. News: Honda to build new China factory. Reuters/AFP. 2016-10-18. GulfNews. 2018-02-04.
  10. Web site: Honda Global March 29, 2020 GAC Honda to Absorb Honda Automobile (China). global.honda. en. 2020-05-23.
  11. Web site: GAC Honda To Absorb Honda Automobile In China, Boosting Production Capacity. Carscoops. 2020-05-23.