Japan's Honda to close China plant, halt production at another factory
The Honda Motor logo is pictured at the 43rd Bangkok International Motor Show/ (Reuters) -Japan's Honda Motor will close a factory in China and halt vehicle production at another plant, the automaker said on Thursday, as it seeks to start producing more electric vehicles amid heavy competition from Chinese brands. Honda will close a plant operated through its joint venture (JV) with Chinese state-owned automaker Guangzhou Automobile Group in October, a company spokesperson said. The automaker has made the Accord sedan model at the plant, ...
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