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GAC Honda
GAC Honda Automobile Co., Ltd. is a Chinese automobile manufacturing joint venture company based in Guangzhou, Guangdong province. Co-owned by Honda and GAC Group (''Guangqi''), GAC Honda operates two plants that, , produces Honda-branded models and one car sold under the China-only Everus brand. GAC Honda's products incorporate Japanese-made parts. Originally named Guangzhou Honda, this was changed to GAC Honda in 2009. , the company boasts a per year production capacity of 480,000. History Seeking to replace the loss-makingGlobal Strategy - By Mike W. Peng
Cengage Learning, 2008, , 9780324590999, Page 423
of the Guangzhou Peugeot Automobile Compan ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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Honda Accord
The , also known as the in Japan and China for certain generations, is a series of cars manufactured by Honda since 1976, best known for its four-door sedan variant, which has been one of the best-selling cars in the United States since 1989. The Accord nameplate has been applied to a variety of vehicles worldwide, including coupes, station wagons, hatchbacks and a Honda Crosstour crossover. Since its initiation, Honda has offered several different car body styles and versions of the Accord, and often vehicles marketed under the Accord nameplate concurrently in different regions differ quite substantially. It debuted in 1976, as a compact hatchback, though this style only lasted through 1989, as the lineup was expanded to include a sedan, coupe, and wagon. By the sixth-generation Accord at the end of the 1990s, it evolved into an intermediate vehicle, with one basic platform but with different bodies and proportions to increase its competitiveness against its rivals in diffe ...
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Acura RDX
The Acura RDX is a compact luxury crossover SUV produced by Acura, a luxury vehicle division of Honda, as the second crossover SUV offering from the brand after the mid-size MDX. Initially sharing its platform with the Honda Civic and CR-V, with the third generation, the RDX uses its own platform.Motor TrendSeven Questions With Acura Boss Jon Ikeda - Motor Trend access-date: 30. August 2018 First generation (TB1/2; 2007) Originally previewed as the Acura RD-X concept car, the production RDX had its debut at the 2006 New York Auto Show and went on sale on August 11, 2006. A facelifted 2010 model went on sale in August 2009, which featured the addition Acura's "power plenum" grille and a front-wheel drive option. File:2007 Acura RDX 2.4 Turbo SH AWD (51413871321) (cropped).jpg, Rear view File:2010 Acura RDX -- 03-15-2010.jpg, 2009 Acura RDX (facelift) Engine The first-generation RDX is powered by a 2.3-litre straight-4 turbocharged gasoline engine, rated at at 6 ...
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Acura CDX
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. Upon release, the CDX was planned as a Chinese domestic model, as Acura announcing it has no plans to launch in North America. According to Jon Ikeda, group vice president of Acura USA, Acura had considered selling the CDX in the United States, though that ultimately never happened. In 2020, an A-Spec variant of the CDX was released, featuring more aggressive styling, blacked-out plastic trim, two-tone mirrors, and unique 18-inch wheels. Powertrain Power comes from a 1.5-liter DOHC VTEC Turbo "Earth Dreams" engine coupled to an 8-speed dual-clutch transmission. It is availab ...
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Honda Crosstour
The Honda Crosstour (initially branded the Accord Crosstour) is a mid-size crossover SUV with a sloping rear roofline manufactured by Japanese automaker Honda. It is based on the North American eighth-generation Accord. Sales began in November 2009 for the 2010 model year and were discontinued after the 2015 model year due to slow sales. Design The Crosstour was marketed as a " hatchback"/"wagon" variation of the Accord and shared the same platform. The Crosstour was powered by a 3.5-liter V6 engine (choice of either front-wheel or all-wheel drive) or 2.4-liter 4-cylinder engine (front-wheel drive only), with prices that started at $29,670, above those of the Accord sedan (which started at under $23,000). For the 2012 model year, Honda removed the "Accord" prefix, making the name just "Crosstour", and gave its front grille a restyle. An I4 engine for front-wheel drive models was released in late 2011 and put on sale in early 2012. The Crosstour was a direct competitor to the ...
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Everus S1
The Everus S1 is a subcompact sedan by Everus, and also the first car of the Everus brand available for sale. Overview Debuted as a concept during the 2010 Guangzhou Auto Show, the Everus S1 is a badge-engineered fourth-generation Honda City/Jazz saloon and as the production version debuted during the 2011 Shanghai Auto Show, the Everus S1 also went on sale in April 2011. It is 4,420mm long and is available with a 1.3 L i-DSi or 1.5 L VTEC L-series petrol engine. It is paired with a 5-speed manual or a 5-speed automatic. Initial planning for the price was 20% lower than the price of the Honda City at the time, which is from 69,800 yuan to 99,800 yuan. File:Everus S1 01 China 2012-05-12.JPG, 2011–2012 Everus S1 front (pre-facelift) File:Everus S1 02 China 2012-05-12.JPG, 2011–2012 Everus S1 rear (pre-facelift) A facelift was revealed in 2013 during the Shanghai Auto Show Auto Shanghai (), officially known as the Shanghai International Automobile Industry Exhibit ...
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Honda Ye P7
The Honda Ye P7 and Honda Ye S7 are upcoming Battery electric vehicle, battery electric mid-size crossover SUVs (D-segment) produced by Honda, through its respective joint ventures GAC Honda and Dongfeng Honda. Both vehicles are marketed solely in China. They are the first members of the Honda Ye series of vehicles. History At the Auto China#2024, Auto China in April 2024, the Japanese manufacturer Honda presents its new line of BEV's and sub-brand Ye, whose models will be produced and marketed in China from 2024. The first two models from the Ye series are the P7 and S7, both to be produced through the Honda's respective joint ventures GAC Honda and Dongfeng Honda. Specifications The P7 and S7 are equipped with a large vertical central control screen and an LCD instrument panel, while the manufacturer decided to retain physical buttons. The two vehicles also offer a panoramic sunroof with adjustable light transmission. The seats in the two crossovers include integrated Bose Cor ...
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