Honda Motor Co. Ltd. is establishing a new plant in China that will build small cars for the export market. The plant – part of Honda’s 3-year business plan announced by President Hiroyuki Yoshino in mid-July – would be a joint venture with Guangzhou Auto Group Corp., with which Honda already collaborates, and Dongfeng Automotive Group. Slated to begin production by the end of 2004, it would be located in south China’s Guangzhou city, near Honda’s existing plant that currently builds the ...
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