Published

Dongfeng-Honda Plans Another Assembly Plant in China

Honda Motor Co. and partner Dongfeng Motor Group will spend 3 billon yuan ($436 million) to open a third assembly plant in China in the first half of 2019.

Share

Honda Motor Co. and partner Dongfeng Motor Group will spend 3 billon yuan ($436 million) to open a third assembly plant in China in the first half of 2019.

The facility will have capacity to make 120,000 vehicles per year, including so-called “new-energy” models with hybrid or all-electric powertrains.

Dongfeng Honda Automobile Co. currently has annual capacity to make 480,000 vehicles in China. The venture makes CR-V and XR-V crossover vehicles, Civic small sedans and Gienia small hatchbacks. The partners expect to sell about 450,000 vehicles this year.

Honda also makes cars through a Chinese venture with Guangzhou Automobile Group. When the new factory opens in Wuhan, Honda’s overall annual auto production capacity in China will be 1.25 million units. The Japanese carmaker expects its combined sales in China this year will total 1.2 million vehicles.

RELATED CONTENT

  • Cobots: 14 Things You Need to Know

    What jobs do cobots do well? How is a cobot programmed? What’s the ROI? We asked these questions and more to four of the leading suppliers of cobots. 

  • Plastics: The Tortoise and the Hare

    Plastic may not be in the news as much as some automotive materials these days, but its gram-by-gram assimilation could accelerate dramatically.

  • Things to Know About Cam Grinding

    By James Gaffney, Product Engineer, Precision Grinding and Patrick D. Redington, Manager, Precision Grinding Business Unit, Norton Company (Worcester, MA)

Gardner Business Media - Strategic Business Solutions