UPDATE 1-Honda to ramp up carmaking capacity in China - Nikkei


May 20 (Reuters) - Honda Motor Co plans to ramp up its annual automobile production capacity in China 36 percent by 2012 to meet sharp demand growth in the country, the Nikkei business daily learned. The move, which will raise Honda's capacity in China to 830,000 units, is expected to be announced locally as early as next week, the daily said. The carmaker will expand a plant operated by local joint venture Guangqi Honda Automobile Co, adding a new assembly line at an estimated cost of ...

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