Honda exports 45,000 China-made Jazz cars to Europe

Honda Motor Co said it expects to export to Europe this year 45,000 units of the Honda Jazz small car, made in China by a joint venture, up from 43,000 units a year earlier.
 
The automaker said in a statement that its China joint venture Honda Automobile (China) Co Ltd which specializes in supplying vehicles for markets outside China, produced 100,000 vehicles since it officially began production in April 2004.
 
In the first half, Honda Automobile exported 24,000 cars valued at $281 mln, accounting for 18 pct of China's auto exports in volume and 29 pct in value.
 
Honda Motor and its Chinese subsidiary own a combined 65 pct stake in the venture, with the remainder held by its partners Guangzhou Auto and Dongfeng Motor Corp.
From: XFN-ASIA

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