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.