The automaker said in a statement that its China joint venture Honda Automobile (China) Co Ltd which specializes in supplying vehicles for markets outside China, produced 100,000 vehicles since it officially began production in April 2004.
In the first half, Honda Automobile exported 24000 cars valued at 281 mln usd, accounting for 18 pct of China's auto exports in volume and 29 pct in value.
Honda Motor and its Chinese subsidiary own a combined 65 pct stake in the venture, with the remainder held by its partners Guangzhou Auto and Dongfeng Motor Corp.
derek.jiang@xfn.com
MMMM

More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index