Dongfeng Honda Automobile, one of Honda’s car production and sales joint ventures in China, has built its millionth unit.
The venture has produced the CR-V since 2004, the Civic since 2006 and the Spirior since 2009. The CR-V has been China’s best selling SUV for four consecutive years since 2007 and cumulative production since 2004 is over 500,000 units.
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Dongfeng Honda has expanded from the initial capacity of 30,000 units a year to 120,000 units in 2006 and to 240,000 units in 2010. A second plant, under construction, should be operational in 2012 with initial capacity of another 100,000 units and expansion to 120,000 units is already scheduled in 2013. With this expansion, the total annual production capacity of Dongfeng Honda will reach 360,000 units in 2013.
Combined with the capacity of Guangqi Honda Automobile and Honda Automobile (China) (an export-only plant that shipped the previous generation Jazz/Fit as far away as Europe), Honda’s total annual automobile production capacity in China will reach 890,000 units in 2013.
Dongfeng Honda Automobile, with capital of US$350m, is owned 50% by Dongfeng Motor Group, 40% by Honda Motor abd 10% by Honda Motor (China) Investment.
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