Honda’s China Slump Got So Bad That Japan Lost The Design Lead
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GAC Honda is looking to boost local production efficiency by 20 percent.
The company is aiming to establish more than 1,000 new sales locations.
Sales of the brand’s models have dropped 53 percent this year to 80,000 units.
Honda and GAC recently confirmed their China joint venture will run through 2038, and the partners have since laid out a plan to speed up development of future EVs so they can keep pace with the country’s newer brands. Domestic upstarts have been turni
The company is aiming to establish more than 1,000 new sales locations.
Sales of the brand’s models have dropped 53 percent this year to 80,000 units.
Honda and GAC recently confirmed their China joint venture will run through 2038, and the partners have since laid out a plan to speed up development of future EVs so they can keep pace with the country’s newer brands. Domestic upstarts have been turni
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