Honda to launch Acura brand in China in early 2006


TOKYO, July 25 (Reuters) - Honda Motor Co. , Japan's third-biggest auto maker, said on Monday it planned to launch its premium Acura brand in China -- the first time outside North America -- starting with the RL luxury sedan next spring. The imported Acura cars will be sold through a dedicated Acura dealer network to be set up by its wholly owned local unit, Honda Motor (China) Investment Co. First-year sales are targeted at 3,000 units, Honda said in a statement. Demand for luxury cars ...

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