Guangzhou Honda to develop new brand in China
Guangzhou Honda will research and develop a brand-new brand and begin its sales in 2010 in the Chinese market. Said Honda CEO in a press conference in Tokyo on 18th July.
Honda's JV in China, Guangzhou Honda will set up an auto R&D center covering 6,000,000 square meters in Guangzhou, and Guangzhou Honda had gained government approval, the engine production is underway. Honda is the second biggest automaker in Japan, and it has two partners in China, Guangzhou Honda and Dongfeng Honda.
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