JAPAN: Honda confirms Chinese SUV-building joint venture - report
Honda Motor said on Friday it had formed a 50-50 joint venture with China's Dongfeng Motor Corp to produce Honda's CR-V sport utility vehicles in the central Chinese city of Wuhan, Reuters reported. The new venture, Dongfeng Honda Motor (Wuhan) Co, will begin production in the first half of 2004 after renovating an existing plant at a cost of $44 million and annual output capacity will be 30,000 units, the report said.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable