Honda Automobile (China) Co., Ltd. previously known as China Honda Automobile Co., Ltd. (CHAC)[3] was a joint venture automobile manufacturing plant owned by Honda and Chinese companies GAC Group and Dongfeng Motor Group. The plant solely produced vehicles for international exports, while vehicles for domestic market supply are manufactured by 50-50 joint ventures Dongfeng Honda and Guangqi Honda.
History
Honda Automobile (China) Co., Ltd. was a joint venture of Honda (65%), GAC Group (25%) and Dongfeng Motor Group (10%), incorporated on 8 September 2003.[4] It was located in Guangzhou. Dongfeng and GAC had formed separate joint venture with Honda as