Honda rolls out luxury brand in China


SHANGHAI, Sept 27 (Reuters) - Honda Motor Co. launched its top-line sedan Acura in China on Wednesday, joining BMW and other foreign luxury car brands to compete in the world's second-largest auto market. The imported Acura RL and TL are priced at 680,000 yuan ($86,024) and 430,000 yuan, respectively, a Honda executive told Reuters, adding that the firm had set a sales target in the first full-year at 3,000 units. This is the first time that Honda has introduced Acura, a hot-seller in ...

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