Industry Automotive Production output 50,000 (2005) Headquarters Guangzhou Number of employees 600 (2005) | Area served China, Europe Total assets $82 Million (2005) Founded September 2003 | |
Key people Hironori Kanayama (President) Owners Honda (65%)
Guangzhou Automobile Group
(25%) Dongfeng Motor (10%) Parent organizations Honda Motor Company, Dongfeng Motor, GAC Group |
Honda Automobile (China) Company is a joint venture of Honda, Dongfeng Motor and Guangzhou Automobile Group. It manufactures automobiles in an auto plant dedicated exclusively to exports from China which has an annual production capacity of 50,000 units. The company is 65% owned by Honda. Most of the production are exported to Europe.
History
The company has roots dating back to 1992 however, the company records were established in September 2003. Mass production began in April 2005 and first export of Honda Fit took place in June 2005. The company is the first passenger car maker in China to begin full-scale exports to Europe.
References
Honda Automobile (China) Company Wikipedia(Text) CC BY-SA