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Inquirer Business on MSNHonda unveils EV plant in ChinaHonda Motor Co. unveiled to media Wednesday its 3.49-billion-yuan new joint venture electric vehicle plant with an output capacity of 120,000 units per year in Guangzhou, Guangdong province, China.
Shares of Asia's automakers fell after U.S. President Donald Trump announced he will impose tariffs on cars not made in the ...
Honda had a tough year in China, with sales dropping 30.9% to 852,269 units in 2024. This marks the first time in nine years that the Japanese brand has sold fewer than 1 million cars in the country.
Honda now sources batteries for the cars it assembles in the U.S. from Japan and China but is bracing for the higher tariff risk under Trump. Honda's move is part of a wider effort by Japanese ...
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GlobalData on MSNHonda to cut engine production capacity in ChinaHonda Motor Company confirmed it plans to cut its engine production capacity in China, as it grapples with rising overcapacity.
“When you look at Honda and Nissan ... at least cover some of the fixed-cost burdens they have in China.” Nissan made 779,756 cars in China during the fiscal year that ended in March, about ...
Toyota's new battery manufacturing facility in North Carolina spans over seven million square feet—equivalent to ...
Honda Motor Company confirmed it plans to cut its engine production capacity in China, as it grapples with rising overcapacity due to intensifying competition from local manufacturers and falling ...
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