People's Daily
Guangzhou Honda Automobile Co, a tie-up between Japan's Honda Motor Co and Guangzhou Automobile Corp, expects to sell 15 percent more vehicles in 2008 and is aiming for the 1 million mark in the next couple of years. Fu Shoujie, executive vice-president of the joint venture, said yesterday it plans to move 340,000 vehicles in 2008, up from the projected 295,000 units this year.