Honda/Denway JV sees 2007 car sales to rise 19 pct

Newswire

HONG KONG, Dec 21 (Reuters) - The Chinese car-making joint venture between Japan's Honda Motor Co. and Denway Motors Ltd. said it planned to make and sell 310,000 cars in 2007, up 19 percent from this year. Guangzhou Honda achieved production and sales target of 260,000 cars in 2006, up 13 percent from a year earlier, and revenues would rise about 11 percent to 40 billion yuan ($5.12 billion) this year, it said in a statement posted in its Web Site www.guangzhouhonda.com.cn. Sales of ...

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