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Recently, Honda reached an agreement with GAC that it plans to launch Acura into production in 2016. It also means the termination of years Acura plan of Dongfeng. Analysts pointed outproducts of Dongfeng are not various enough, and it has not launched any new models recent years. Market of Dongfengis shrinkage, andstrew of Acura now failed as well.

Honda Motor Co. reported a decline in first-quarter profit as deliveries in its home market fell and spending on overseas plants rose.

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.