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Honda Automobile (China)

From Wikipedia, the free encyclopedia
(Redirected fromHonda China)
Not to be confused withDongfeng HondaorGuangqi Honda.
Honda Automobile (China) Co., Ltd.
IndustryAutomotive
Founded8 September 2003;21 years ago(2003-09-08)[1]
Defunct1 April 2020;4 years ago(2020-04-01)[1]
FateAbsorbed byGAC Honda
SuccessorGuangzhou Development District Factory
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%)
ParentHonda
Chinese name
Simplified ChineseHonda ô tô ( Trung Quốc ) công ty hữu hạn
Traditional ChineseHonda ô tô ( Trung Quốc ) công ty hữu hạn
Transcriptions
Alternative Chinese name
Simplified ChineseHonda Trung Quốc
Traditional ChineseHonda Trung Quốc
Transcriptions
Websitehttps:// honda.cn/

Honda Automobile (China) Co., Ltd.previously known asChina Honda Automobile Co., Ltd. (CHAC)[4]was ajoint ventureautomobilemanufacturing plantowned byHondaand Chinese companiesGAC GroupandDongfeng Motor Group.The plant solely produced vehicles for international exports, while vehicles for domestic market supply are manufactured by 50-50 joint venturesDongfeng HondaandGuangqi Honda.[1]

History

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Honda Automobile (China) Co., Ltd.was a joint venture ofHonda(65%),[nb 1]GAC Group(25%) andDongfeng Motor Group(10%), incorporated on 8 September 2003.[1]It was located inGuangzhou.Dongfeng and GAC had formed separate joint venture with Honda asDongfeng Honda(in July 2003)[5]andGuangqi 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 theGuangzhou Development DistrictFactory.[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 producingAccordfor the Chinese domestic market, while continuing to produce and export theCitymodel for the Mexican market up to 2020.

Footnotes

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  1. ^10% owned via a China incorporated subsidiary (Chinese:Honda kỹ nghiên công nghiệp ( Trung Quốc ) đầu tư công ty hữu hạn); NOT to be confused with Hong Kong incorporated "Honda Motor (China) Limited" (Chinese:Honda kỹ nghiên công nghiệp ( Trung Quốc ) công ty hữu hạn), founded in 1992

See also

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References

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  1. ^abcdefg"Xí nghiệp giới thiệu"[about us] (in Chinese). Honda China. Archived fromthe originalon 21 January 2020.Retrieved2 September2017.
  2. ^Government Databaseaccessed on 2 September 2017 (in Chinese)
  3. ^ab"2016 Annual Report"(PDF).GAC Group. 2 September 2017.
  4. ^"First CHAC Manufactured City Rolls off Production Line".Honda Automobile (China). 12 October 2016. Archived fromthe originalon 2 September 2017.Retrieved2 September2017.
  5. ^"Xí nghiệp tóm tắt"[About us] (in Chinese). Dongfeng Honda.Retrieved2 September2017.
  6. ^"Dōng fēng guà pái chū shòu běn tián zhōng guó quán bù gǔ quán"Đông phong treo biển hành nghề bán ra Honda Trung Quốc toàn bộ cổ quyền.Tân kinh báo(in Chinese (China)). Archived fromthe originalon January 6, 2018 – via XinhuaNet.
  7. ^"CHINA: Honda plant to make first car for Europe".Just-auto.Jun 14, 2004. Archived fromthe originalon 29 July 2017.Retrieved2 September2017.
  8. ^"Honda China Begins Exports of Compacts to Europe".Green Car Congress.Jun 24, 2005.Retrieved2 September2017.
  9. ^Bunkley, Nick; Austen, Ian (2011-12-21)."In Canada, a Car Built in China".The New York Times.ISSN0362-4331.Retrieved2021-03-30.
  10. ^"Honda to build new China factory".GulfNews.Reuters/AFP. 2016-10-18.Retrieved2018-02-04.
  11. ^"Honda Global | March 29, 2020 GAC Honda to Absorb Honda Automobile (China)".global.honda.Retrieved2020-05-23.
  12. ^"GAC Honda To Absorb Honda Automobile In China, Boosting Production Capacity".Carscoops.Retrieved2020-05-23.
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