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| Industry | Automotive | ||||||
|---|---|---|---|---|---|---|---|
| Founded | 8 September 2003; 22 years ago (2003-09-08)[1] | ||||||
| Defunct | 1 April 2020; 5 years ago (2020-04-01)[1] | ||||||
| Fate | Absorbed byGAC Honda | ||||||
| Successor | Guangzhou Development District Factory | ||||||
| Headquarters | , China[1] | ||||||
Area served | Exported worldwide[1] | ||||||
Key people | Yasuhide Mizuno[2] | ||||||
Production output | 10,800 units[3] (2016) | ||||||
| Owners |
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| Parent | Honda | ||||||
| Chinese name | |||||||
| Simplified Chinese | 本田汽车（中国）有限公司 | ||||||
| Traditional Chinese | 本田汽車（中國）有限公司 | ||||||
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| Alternative Chinese name | |||||||
| Simplified Chinese | 本田中国 | ||||||
| Traditional Chinese | 本田中國 | ||||||
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| Website | https://www.honda.com.cn/ | ||||||
Honda Automobile (China) Co., Ltd. previously known asChina Honda Automobile Co., Ltd. (CHAC)[4] was ajoint venture automobilemanufacturing plant owned byHonda and Chinese companiesGAC Group andDongfeng Motor Group. The plant solely produced vehicles for international exports, while vehicles for domestic market supply are manufactured by 50-50 joint venturesDongfeng Honda andGuangqi Honda.[1]
Honda Automobile (China) Co., Ltd. was a joint venture ofHonda (65%),[nb 1]GAC Group (25%) andDongfeng Motor Group (10%), incorporated on 8 September 2003.[1] It was located inGuangzhou. Dongfeng and GAC had formed separate joint venture with Honda asDongfeng Honda (in July 2003)[5] andGuangqi Honda (in 1998) respectively. In 2018, Dongfeng made a public invitation to buy their stake in Honda China.[6]
It was reported in 2004, that the joint venture would export most of their products to Europe, as well as Southeast Asia.[7][8] Exports to Canada commenced in 2011.[9]
As of 2016, the plant exports mainly to the Middle East, Latin America, Russia and Africa.[10]
On 1 April 2020, Guangqi Honda joint venture officially absorbed the plant and renamed it as theGuangzhou Development District Factory.[11] The absorbed plant will produce up to 50,000 vehicles annually, boosting total annual production capacity of Guangqi Honda to 770,000 units per year.[12] Under the new name the plant will begin producingAccord for the Chinese domestic market, while continuing to produce and export theCity model for the Mexican market up to 2020.
A subsidiary ofGuangzhou Automobile Industry Group | |||||
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