Honda in China: Automaker to Realign JVs with Local Partners
China Auto Weekly January 9, 2007
Honda is realigning its complete vehicle operations in China due to recently forged closer ties between Guangzhou Automobile Industry Group, Honda's main JV partner in China, and Toyota. While Guangzhou Honda is still Honda's main production base in China, the Japanese automaker is diversifying income sources and hedging risk by increasing Dongfeng Honda's capacity and launching its North American luxury brand, the Acura in China.
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