aerospace / news / / Japan Today
Honda Motor Co will discontinue gasoline vehicle production at one of its four plants in China.
Honda will stop gasoline vehicle production at its Guangzhou Automobile Group joint venture plant in China.
KEY POINTS
- Honda is considering ending gasoline vehicle production at its Dongfeng Motor Corp joint venture plant.
- Honda aims to cut its annual gasoline vehicle capacity in China from 960,000 units.
- Honda expects to post a net loss for the year ending March 2026, its first since 1957.
- Honda's China vehicle sales dropped for 26 straight months, with March figures far below 2021 levels.
COMPANIES
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