Honda gets green light in China. . .

By Staff -- Purchasing, 1/15/1998

Honda Motor Co. will partner with Guangzhou Auto Group Corp. and Dongfeng Motor Corp. to manufacture a modified version of its Accord passenger car in mainland China. The deal, which is part of China's initiative to consolidate its 123 auto assembly plants into about a dozen companies, requires that Chinese-made parts comprise 40% of the first Accords, which will be built in 1999, and even more of later models.

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