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Honda's China gear-box plant starts operations, producing 240,000 units annually


Published : Thu, 08 Mar 2007 04:56
By : Agencies
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BEIJING (XFN-ASIA) - Honda Motor (China) Investment Co Ltd said its wholly-owned subsidiary Honda Auto-parts Manufacturing Co Ltd, which is located in the southern province of Guangdong, has officially started operations, producing 240,000 gear-boxes annually.

The new factory is a supplier to Honda's three car joint ventures in China -- Guangzhou Honda Automobile Co Ltd, Dongfeng Honda Automobile Co Ltd and export automobile producer Honda Automobile (China) Co Ltd -- which have a combined annual capacity of 530,000 cars.

These joint venture companies sold 352,551 vehicles in China in 2006, up 32 pct from a year earlier.

derek.jiang@xinhuafinance.com

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