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Is Honda a Joint Venture or Domestic Brand?

1 Answers

Tyler

07/25/25 2:41am

Honda vehicles are classified as joint venture cars, which can be specifically divided into two categories: Dongfeng Honda and GAC Honda. Dongfeng Honda is a collaboration between China's Dongfeng Group and Japan's Honda Motor Co., Ltd.; GAC Honda is a joint venture between Guangzhou Automobile Group and Honda. Dongfeng Honda is a vehicle production and operation enterprise jointly established by Dongfeng Motor Group Co., Ltd. (50% stake), Honda R&D (China) Investment Co., Ltd. (10% stake), and Honda Motor Co., Ltd. (40% stake). Key milestones in Dongfeng Honda's development are as follows: 2002: Dongfeng Motor Corporation and Honda Motor Co., Ltd. signed a cooperation agreement in Japan. 2004: Dongfeng Honda announced a capacity expansion plan for 120,000 vehicles. 2009: Dongfeng Honda's premium sports sedan, the Spirior, was launched nationwide. 2021: Honda R&D (China) Investment Co., Ltd. (Honda), GAC Honda Automobile Co., Ltd. (GAC Honda), and Dongfeng Honda Automobile Co., Ltd. (Dongfeng Honda) jointly released Honda's electrification strategy for China. GAC Honda was established on July 1, 1998, as a joint venture between Guangzhou Automobile Group Co., Ltd. and Honda Motor Co., Ltd., with each party holding a 50% stake. Key milestones in GAC Honda's development are as follows: 2000: Guangzhou Honda officially obtained ISO9002 quality system certification. 2008: GAC Group announced the renaming of its subsidiary "Guangzhou Honda" to "GAC Honda". 2021: GAC Honda officially launched the Haoying Rui·Hybrid e+, offering three models.

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