Guangqi Honda set for expansion on robust sales
By Han Tianyang | China Daily | Updated: 2010-05-31 07:58
JV: 930 million yuan for more production lines
Beijing - After running at full capacity since late 2009, Guangqi Honda Automobile Co announced last week that it will invest 930 million yuan to boost its production capacity to 480,000 cars a year.
The joint venture between Guangzhou Automobile Group and Honda Motor Co said the move will add 120,000 units to its capacity in Guangzhou.
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