Business
        

Companies

Honda targets China sales of 730,000 units in 2011

Updated: 2010-12-17 14:31

(Agencies)

Twitter Facebook Myspace Yahoo! Linkedin Mixx

TOKYO - Honda Motor Co said it will target sales in China of 730,000 units in 2011, for growth of more than 10 percent from the 650,000 estimated for this year, Reuters reported Friday.

"We expect the overall (Chinese) market to grow by an average 10 percent," the report cited Seiji Kuraishi, head of Honda's China operations. "We will aim for a growth of more than 10 percent, of around 730,000 units."

Related readings:
Honda targets China sales of 730,000 units in 2011 Honda to join China's largest motorcycle exhibition
Honda targets China sales of 730,000 units in 2011 Plan accelerates car buying craze
Honda targets China sales of 730,000 units in 2011 Leading car makers across the Straits set up JV

Honda operates fifty-fifty joint ventures with Guangzhou Automobile Group Co and Dongfeng Motor Group, as well as a majority-owned factory building the Fit/Jazz subcompact model for exports to Europe, the report said.

According to the report, Honda's production capacity in China is set to rise to 890,000 cars a year in 2013.

E-paper

Ear We Go

China and the world set to embrace the merciful, peaceful year of rabbit

Preview of the coming issue
Carrefour finds the going tough in China
Maid to Order

European Edition

Specials

Mysteries written in blood

Historical records and Caucasian features of locals suggest link with Roman Empire.

Winning Charm

Coastal Yantai banks on little things that matter to grow

New rules to hit property market

The State Council launched a new round of measures to rein in property prices.

Top 10 of 2010
China Daily in Europe
The Confucius connection