GAC-Honda, which started producing Acura cars in 2016 in China, only sold 6,554 of them in the country in 2021, down 45% from the previous year.
through the joint venture's network, it said in a statement to Reuters. The joint venture will continue to produce other Honda brands. Acura is the second foreign car brand to exit China, the world's largest auto market, in recent months.
In October GAC said it wasMalaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla Significantly Cut Model 3 And Model Y Prices In ChinaTesla sharply reduced prices of its Made-in-China (MIC) Model 3 and Model Y cars in China in an attempt to boost sales.
Read more »
Sony Honda Mobility's Afeela Sedan To Be Built In US, Ride On Honda's New EV Platform | CarscoopsSony Honda Mobility's Afeela Sedan To Be Built In US, Ride On Honda's New EV Platform | Carscoops carscoops
Read more »
The Honda S660 Might Be Gone But You Can Still Buy An R/C Version | CarscoopsThe 1/27 scale model of the Japanese sportscar is based on an AWD chassis and comes fitted with drift tires
Read more »
Travelers Rush to Take Advantage of China ReopeningFirst international travelers are arriving in China without the mandatory quarantine that had been imposed at the start of the pandemic three years ago. The easing of border restrictions comes even as the virus continues to spread in China amid what critics say is a lack of transparency from Beijing. More foreign governments are imposing testing requirements on travelers from China — most recently Germany, Sweden and Portugal. On Sunday, thousands of travelers from semi-autonomous Hong Kong crossed into mainland China, some having been separated from their families since the pandemic. Like other passengers from abroad, they still have to show a negative test result taken within 48 hours _ a measure China has protested when imposed by other countries.
Read more »
Celebrity couple from China embroiled in child custody battle in ColoradoClick here for updates on this story
Read more »