Jul 26, 2024 03:39 PM
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Honda to Cut Fossil Fuel Car Production in China
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Igarashi Masayuki, who heads Honda Motor Co. Ltd.’s efforts in the Chinese market, introduces the automaker’s Ye brand at the 2024 Beijing International Automotive Exhibition on April 25. Photo: VCG
(Bloomberg) — Honda Motor Co. Ltd. will start cutting production of gasoline cars in China by 19% from October as it moves toward electrification.
The Japanese automaker will halt one line at joint venture Dongfeng Honda with an annual production capacity of 240,000 units from November. In October, it will also entirely shut down its GAC Honda plant, which can make 50,000 units annually.
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