Honda Automobile (China) Company

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Honda Automobile (China) Company
Industry Automotive
Founded 1992; 24 years ago (1992) in Guangzhou, Peoples Republic of China [1]
Headquarters Guangzhou, Peoples Republic of China [2]
Area served
China, Europe [2]
Key people
Hironori Kanayama (President) [2]
Production output
50,000 (2005)
Total assets Steady $82 Million (2005)
Owners Honda (65%)
Guangzhou Automobile Group
(25%) Dongfeng Motor (10%) [2]
Number of employees
600 (2005)
Parent Honda (65%)

Honda Automobile (China) Company is a joint venture of Honda, Dongfeng Motor and Guangzhou Automobile Group.[3] It manufactures automobiles in an auto plant dedicated exclusively to exports from China which has an annual production capacity of 50,000 units.[3][4] The company is 65% owned by Honda.[3] Most of the production are exported to Europe.[3]

History[edit]

The company has roots dating back to 1992[1] however, the company records were established in September 2003.[5] Mass production began in April 2005 and first export of Honda Fit took place in June 2005.[4] The company is the first passenger car maker in China to begin full-scale exports to Europe.[4]

See also[edit]

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External links[edit]