Business Intelligence on Retailing, Franchising, and Consumerism in China


Honda Seeks Acura Automobile Sales Boost In China

Guangzhou Automobile Group Company Ltd. and Honda Motor Company Ltd. signed a basic agreement to jointly conduct Acura business in China.

With the signing of the agreement, the two companies will begin discussing concrete plans toward a goal to begin local production of Acura brand vehicles at Guangqi Honda Automobile Company Ltd. in 2016.

In 1998, Guangzhou Automobile Group and Honda jointly established GHAC, a joint venture company for the production and sales of Honda products in China, and have continued a relationship for the last 15 years. Striving to achieve further growth in the rapidly growing luxury car market in China, the two companies agreed to establish a new cooperative relationship.






Be the first to comment on "Honda Seeks Acura Automobile Sales Boost In China"

Leave a comment

Your email address will not be published.


*




  Other China News

ChinaTechNews.com:

AutoNavi, Delphi Reach Deal

Hisense's Net Profit Down 47.39% In First Three Quarters Of 2017

Airbnb China Head Resigns

DMG To Buy China Rights Of Forbes Brand


GreenChinaTech:

Chinese Electric Bus Manufacturer Lands USA Deal

American Electric Car Manufacturer To Build In China

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center


ChinaSourcingNews.com:

JD To Build Global Logistics Headquarters In Xi'an

Wumart, AGS Sign Agreement For Seafood Direct Procurement

India Gains Second Factory From China's Xiaomi

85% of Indian Staff To Lose Jobs At China's LeEco