Honda CR-V produced in Wuhan for Chinese Market
Wuhan, which is pronounced Xinhua, already had its local Honda automobile maker, the Dongfeng Motor Corporation before it decided to sign a joint agreement with Honda to make Honda cars in 2003. This is why you may come across a used Honda CR-V for sale that has papers detailing a Chinese origin. The used Honda CR-V for sale from Wuhan is just as well-made and as dependable as those made in any other Honda plant in the world.
The joint venture was an advantage for both companies. For Dongfeng, it would strengthen their hold on the local market and even bring them international favor, as we are seeing now. Honda on the other hand would gain a foothold into the vast Chinese market which is what most businesses are looking to do today.
At the moment, Dongfeng Honda has a production output of about 120,000 units every year or a little over 600 units a day. With the tremendous success and demand from the Chinese market, they now have plans to increase their production over a period of 5 years to 240,000 units a year – or double their current capacity.
This means more Honda cars will be seen on the streets of China, and China-made Honda cars may start streaming out of the country in the next few years. This is the perfect business partnership with the technology and manufacturing discipline of the Japanese coupled with the labor force of the Chinese.
You know how people tend to scoff at Chinese-made products as being mass-produced and of low quality? Well, with this new venture program, the tides will start to change. China‘s auto industry will start learning how to be more demanding of quality products and it could flow to other industries. Previous to this Dongfeng Honda deal, two other top auto car-makers in China signed with foreign car companies for with similar agreements. The Shanghai Automotive Industry Corp. signed a joint agreement with Nissan and Changchun First Automobile Works has one with PSA Peugeot Citroen.
Categorised as: Japanese Cars