BEIJING – Japan's Honda Motor Co., joining a host of global auto makers expanding production capacity in China, plans to build a new plant in the country to keep up with surging demand, according to two company executives.
The executives said one of Honda's main joint ventures is getting close to using up the capacity of a plant it operates in the city of Wuhan in Hubei province. That venture, with Dongfeng Motor Group Co., is expected to sell a total of about 200,000 vehicles this year, and its sales are likely to exceed the plant's maximum capacity as early ...
Comment by Jerry Shriver
More jobs for China, the most business-friendly country in the world. A country where cheap electricity from nuclear power and coal is perfectly accepted in the next decades. A country without environmentalism, without the climate change hysteria, where the economy is still the priority to politicians. How bad does it have to get until we realize we are commiting economic suicide here?