The story
Honda Automobile (China) Co., Ltd. was a joint venture of Honda (65%), GAC Group (25%) and Dongfeng Motor Group (10%), incorporated on 8 September 2003. It was located in Guangzhou. Dongfeng and GAC had formed separate joint venture with Honda as Dongfeng Honda (in July 2003) and Guangqi Honda (in 1998) respectively. In 2018, Dongfeng made a public invitation to buy their stake in Honda China.
It was reported in 2004, that the joint venture would export most of their products to Europe, as well as Southeast Asia. Exports to Canada commenced in 2011.
As of 2016, the plant exports mainly to the Middle East, Latin America, Russia and Africa.
On 1 April 2020, the Guangqi Honda joint venture officially absorbed the plant and renamed it as the Guangzhou Development District Factory. The absorbed plant will produce up to 50,000 vehicles annually, boosting the total annual production capacity of Guangqi Honda to 770,000 units per year. Under the new name, the plant will begin producing the Accord for the Chinese domestic market, while continuing to produce and export the City model for the Mexican market up to 2020.
From Wikipedia’s article on Honda Automobile (China), shared under CC BY-SA 4.0.4