Type | Joint venture |
---|---|
Industry | Automotive |
Founded | 7 May 1998 (Guangzhou) |
Headquarters | , |
Area served | China |
Products | Automobiles |
Owner | GAC Group (50%) Honda (50%) |
Number of employees | Approximately 7,000 |
Website | www |
Guangqi Honda | |||||||
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Traditional Chinese | 廣汽本田 | ||||||
Simplified Chinese | 广汽本田 | ||||||
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Guangqi Honda Automobile Co.,Ltd., [1] also called GAC-Honda,is a Chinese automobile manufacturing joint venture company [2] based in Guangzhou,Guangdong province. [3]
Co-owned by Honda and GAC Group (Guangqi), [4] Guangqi Honda operates two plants that,as of 2011 [update] ,produces Honda-branded models and one car sold under the China-only Everus brand. Its products comprise the Everus S1, [5] Honda Accord,Honda Crider,Honda City,Honda Crosstour,Honda Vezel,Honda Fit,and Honda Odyssey. [2] Guangqi Honda's products incorporate Japanese-made parts. [6]
Originally named Guangzhou Honda,this was changed to Guangqi Honda in 2009. [7] As of 2011 [update] ,the company boasts a per year production capacity of 480,000. [8]
Seeking to replace the loss-making [9] of the Guangzhou Peugeot Automobile Company for a joint venture with another foreign car-maker,the government of Guangzhou established Guangzhou Honda Automobile Co Ltd with Honda,which beat out a number of rivals for the privilege, [10] in May [10] or July [2] of 1998. Guangqi Honda launched its first model,an American version Accord in March 1999 along with its first 4S shop. [9]
Making a product that the Chinese consumer had familiarity with through high quality imports as well as a pre-existing sales and service network for these cars may have contributed to the early success of Guangqi Honda. [9] A recently failed joint venture between the Guangzhou Government and Peugeot (Guangzhou Peugeot Automobile Company) also helped to prepare the ground.[ citation needed ]
Beginning in 2009,Guangqi Honda has distributed automobiles by ship—reducing secondary transport distances and transport losses while also being environmentally responsible. [11] The company also uses rail and road transport. [11]
Everus (Li Nian Chinese :理念), Guangqi Honda's first China-only brand, is targeted at consumers in inland cities like Chaozhou and Lanzhou who can't afford its Honda-branded vehicles but desire the cachet and technological underpinnings foreign-tied brands offer. [12] While it was the first China-only brand for any sino-foreign joint venture [5] other, similar marques do exist such as the Dongfeng/Nissan Venucia.
The first Everus model, the S1 subcompact, was unveiled at the 2010 Guangzhou Auto Show. [13] The S1 is based on an old model of the Honda City. [13]
Guangqi Honda ranked highest in customer satisfaction with authorized dealer after-sales service according to the J.D. Power Asia Pacific 2009 China Customer Service Index Study. [14]
Acura is the luxury and performance division of Japanese automaker Honda, based primarily in North America. The brand was launched in the United States and Canada on March 27, 1986, marketing luxury and performance automobiles. It was introduced to Hong Kong in 1991, Mexico in 2004, China in 2006, Russia in 2014, Kuwait in 2015, and was also sold in Ukraine. Honda's plan to introduce Acura to the Japanese domestic market (JDM) in 2008 was delayed, due to economic reasons, and later withheld as a result of the financial crisis of 2007–2008.
Dongfeng Honda Automobile Co., Ltd. is an automobile manufacturing company headquartered in Wuhan, China, and a 50:50 joint-venture between Dongfeng Motor Group and Honda Motor Company. It currently produces a variety of Honda models also available in other markets and a handful of China-only products. The company sells vehicles under the Honda and Ciimo marques.
Honda Automobile (China) Co., Ltd. previously known as China Honda Automobile Co., Ltd. (CHAC) was a joint venture automobile manufacturing plant owned by Honda and Chinese companies GAC Group and Dongfeng Motor Group. The plant solely produced vehicles for international exports, while vehicles for domestic market supply are manufactured by 50-50 joint ventures Dongfeng Honda and Guangqi Honda.
Advanced Compatibility Engineering is the marketing name given to an automobile body structure design by Honda. It claims to distribute collision energy evenly and redirect it away from the passenger compartment, while at the same time, minimizing damage to other impacted vehicles. This is accomplished by using numerous grades of steel which crumple in key areas and remain rigid in others. It is standard on all Honda and Acura models as of 2016.
GAC Changfeng Motor Co Ltd is a Chinese automobile manufacturer wholly owned by GAC Group but which originated as a branch of the People's Liberation Army. Changfeng produced mainly light trucks, and as of 2008 the majority of their sales had been to the Chinese state.
Guangzhou Automobile Group Co., Ltd. is a Chinese state-owned automobile manufacturer headquartered in Guangzhou, Guangdong. Founded in 1954, it is currently the fifth largest automobile manufacturer in China, with 2.144 million sales in 2021.
Everus is a car marque of Guangqi Honda, a joint venture between Honda and Guangzhou Automobile Group. Honda became the first foreign automaker to develop vehicles under a brand owned by its local joint venture automaker in China. Li Nian launched its first car, the S1 at the Shanghai Auto Show in April 2011.
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Dongfeng Motor Corporation Ltd. is a Chinese state-owned automobile manufacturer headquartered in Wuhan, Hubei. Founded in 1969, it is currently the third largest of the "Big Four" state-owned car manufacturers of China, namely: SAIC Motor, FAW Group, Dongfeng Motor Corporation, and Changan Automobile, with car sales of 5.37 million, 3.50 million, 3.28 million and 2.30 million in 2021 respectively.
Guangzhou Automobile Industry Group Co Ltd is a Chinese state-owned joint stock holding company that owns several Chinese automakers.
The Guangzhou Peugeot Automobile Company (GPAC) is a former automobile manufacturer located in Guangzhou, China. It was a joint venture between the Guangzhou municipal government and the Peugeot brand of the French automobile manufacturer PSA Peugeot Citroën.
The American Honda Motor Company, Inc. is the North American Honda subsidiary of the Honda Motor Company, Ltd. It was founded in 1959. The company combines product sales, service and coordinating functions of Honda in North America, and is responsible for distribution, marketing and sales of Honda and Acura brand automobiles, Honda power sports products, including motorcycles, scooters and all-terrain vehicles, and Honda power equipment products, including lawnmowers, tillers, string trimmers, generators, small displacement general-purpose engines and marine outboard engines.
GAC-Stellantis, formerly GAC Fiat Chrysler Automobiles Co., Ltd. was an automobile manufacturing company headquartered in Changsha, China. It is a 50:50 joint-venture between the GAC Group and Stellantis. The company was founded on 9 March 2010. Fiat agreed to invest an initial US$559 million in the venture.
The Honda Crider is a compact sedan produced by Guangqi Honda in China. It was introduced in 2013.
The Acura CDX is a subcompact luxury crossover SUV produced by Acura, a luxury vehicle division of Honda, for the Chinese market. The CDX was manufactured by Guangqi Honda. The car made its debut at the Beijing Auto Show in April 2016. The CDX was produced at the Zengcheng Plant in Guangzhou, China and was available from July 2016 until April 2022, when Acura announced its departure from Chinese market.
Aion is a Chinese electric vehicle marque of Guangzhou Automobile Corporation. It was introduced in 2018 as a sub-brand and in 2020 as a marque.
GAC Hino is a joint venture between Hino and GAC aimed at producing Hino-based trucks and headquartered in Guangzhou, China, where it has its single assembly facility.
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