Honda’s production in China reached 790 000 units in 2013
- Honda Motor company’s 2013 vehicle production volume went up 26.6 percent year-on-year to 788 689 units in China. Although Sino-Japanese relations negatively affected production volumes in the first half of 2013, brisk demand coupled with the launch of fully-revamped China-exclusive models resulted in a record high production.
- In order to anticipate the market expansion in China, Honda Motor aims to actively increase its production as of 2014. Current capacity is set at 870 000 units and should increase to 1.01 million units by 2015. In the first half of 2015, Guangzhou Honda is going to launch a new production line at the Zengcheng plant to increase its capacity to 120 000 units.
- Looking at Honda Motor’s production in China by joint venture, Dongfeng Honda went up 14.2% to 325 842 units. Thanks to the growing demand in SUV vehicles the production of the CR-V went up 12.9% to 191 735 units. On the other hand the Spirior (segment D sedan) that has reached the end of its model cycle, dropped 38.5% to 7 561 units. The production of the Civic also declined in 2013.
- Following China’s strengthened fuel consumption and emission regulations, Honda Motor is responding to rising demand to eco-friendly vehicles in the medium to long term. In 2016 the carmaker plans to start a local production of HEVs (Hybrid Electric Vehicles). Up until now all Honda Motor HEVs were imported directly from Japan, this local production will also enable the company to reduce vehicle sale price.
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