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Article: Honda Motor China Investment Co.(2008 Guide to China's Auto Market)
- Article from:
- Automotive News
- Article date:
- April 14, 2008
CopyrightCOPYRIGHT 2008 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Kevin Huang
Suite 301, Beijing Fortune Building, No. 5 N. Dongsanhuan Road, Chaoyand District, Beijing 100004, P.R. China
(86) 10-6590-9011, www.honda.com.cn
Top executive: Hyogo Atsuyoshi, president
Honda Motor Co. enjoyed an excellent 2007 in China. Sales rose 30.6 percent last year to 422,341 units.
But a resurgent Toyota Motor Corp. could slow Honda's growth in 2008.
Propelling Honda's growth was its joint venture Dongfeng Honda Automobile Co. Dongfeng Honda's sales doubled from 2006 to 127,086 units last year, encompassing 81,339 Civic cars and 45,703 CR-V crossovers. The company started China production ...