Honda’s new fac­tory in China to boost ca­pac­ity

The Myanmar Times - - International Business -

HONDA will build a new fac­tory in China, as the Ja­panese au­tomaker ex­pands its reach into the world’s big­gest ve­hi­cle mar­ket.

The com­pany, which al­ready has sev­eral fac­to­ries in China, will build its new plant in the city of Wuhan.

The fac­tory will start op­er­at­ing in 2019 and pro­duce 120,000 ve­hi­cles a year in the be­gin­ning, even­tu­ally dou­bling to 240,000 units.

That would be roughly a 20 per­cent boost from Honda’s cur­rent China fac­tory ca­pac­ity of 1.08 mil­lion units, busi­ness daily Nikkei re­ported.

Honda has three plants in south­ern Guangzhou and two in Wuhan, in ad­di­tion to a fac­tory ded­i­cated to ex­ports mainly to the Mid­dle East, Rus­sia and Africa. –

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