Are Dongfeng Honda and GAC Honda the same company?
1 Answers
Dongfeng Honda and GAC Honda are not the same company. The differences between GAC Honda and Dongfeng Honda are as follows: 1. Different establishment times: GAC Honda was founded on July 1, 1998, as a joint venture enterprise invested and operated by Guangzhou Automobile Group Co., Ltd., Honda Motor Co., Ltd., and Honda Motor (China) Investment Co., Ltd. with share ratios of 50:40:10. On the other hand, Dongfeng Honda was established on July 16, 2003, as a joint venture enterprise with 50% investment each from Dongfeng Motor Group Co., Ltd. and Honda Motor Co., Ltd. of Japan. 2. Different vehicle models: GAC Honda leans more towards family-oriented types, mainly producing models such as Crosstour, Accord, Odyssey, Lingpai, and City. In contrast, Dongfeng Honda focuses more on sporty types, primarily manufacturing models like CR-V, Civic, Elysion, XR-V, and Spirior.