A Leading Portal for China Auto Industry
Honda Motor Co Ltd plans to boost its local procurement rate for parts and components in China to 90 pct from the current 70 pct by the end of 2008 in a bid to reduce costs, the Nikkei reported, without citing sources.
The carmaker aims to step up local purchasing in time for the start of production of a new model of its flagship Accord next year, the business daily said.
In addition to hiking the procurement rate from the initially planned level of 80 pct, Honda also moved up the target date by several years, the Nikkei said.
We deliver timely, professional China automotive news and commentaries, and authoritative interviews on global purchasers, suppliers, CEOs of consultation firms and aftermarket companies; focus on the industry dynamic news and markets!
Changan Flagship SUV-CS95 is launched today, equipping with 4WD system
Zotye increases capacity of 100,000 units, planning to launch 4 SUV models in the year
2016 Great Wall Motors profits grew over 10bn
Summary: Best-selling passenger automobile models in the Chinese market in February
FAW Toyota Deepen Compact Car Strategy with Aim to Account for 70% of Sales in 2020
Young Man Lotus L3 EV’s debut shows trend of zombie auto companies’ survival in hot alternative energy market
SGMW Passenger Vehicle Project Settled in Qingdao, Capacity Increases by 200,000 Units
Qoros flagship electric coupe to debut next month in Shanghai
Geely Vision SUV is Exposed with 1.4T Engine
Beijing Hyundai's new platform: several generations from the same platform
China Will Establish the Automobile Inspection and Maintenance System to Promote Energy Saving and Emission Reduction
GAC Trumpchi GS3 with an 1.0T engine to rival Haval H2
Beijing Hyundai’s Releases its 2017 Plan, with Many New Models being Launched
GWM WEY Meets Obstacle in Sprinting for High Sales, Haval Lowers Price for Increasing Sales Volume
Summary: Top performing Chinese own brand automobile manufacturers in February
The exposed Chery technological plan involves powertrain and connected vehicles
BAIC Invests 1 billion in Promising Car-sharing Service
JAC New Energy Vehicles February Sales Decreased by nearly 90%
NEXTEV Complete $600M Equity Trading Leading by Tencent and Baidu
Hot Auto Products|
Auto Products Directory|
Auto Parts Manufacturers|
Copyright Notice © 2016 Gasgoo.com Corporation and its licensors. All rights reserved.