Market & Industry
GAC and Honda sign agreement to produce Acura vehicles in China
Gasgoo.com (Shanghai July 19) - Guangzhou Automobile Group and Honda Motor have officially reached and signed an agreement regarding the manufacture of Acura vehicles in China. According to the agreement, both parties will aim to produce Acura brand vehicles via the Guangqi Honda joint venture by 2016. GAC and Honda have yet to reveal which Acura models will be among those domestically manufactured.
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Passenger car sector outlook brightens
China's passenger vehicle sales maintained stable double-digit growth in the first half, raising industry hopes of improvement in the remainder of the year.
Jul. 16 , 2013