What is the difference between FAW Honda and GAC Honda?
1 Answers
The differences between FAW Honda and GAC Honda are as follows: 1. Different establishment times: GAC Honda was established in July 1998, while Dongfeng Honda was established on July 16, 2003. 2. Different investors: GAC Honda is a joint venture established by Guangzhou Automobile Group and Honda Motor Co., Ltd. of Japan. Dongfeng Honda is a vehicle production and operation enterprise jointly established by Dongfeng Motor Group with a 50% investment, Honda Motor (China) Investment Co., Ltd. with a 10% investment, and Honda Motor Co., Ltd. of Japan with a 40% investment. 3. Different sales models: Dongfeng Honda sells models such as the Civic, CR-V, Honda XR-V, Jade, Honda UR-V, Elysion, and Greiz. GAC Honda sells models such as the Fit, Accord, Odyssey, Lingpai, Vezel, and City. 4. Different sales volumes: Dongfeng Honda has higher sales. Its main models include the Civic, CR-V, Honda XR-V, and Jade, totaling four models. GAC Honda's main models are only the Accord, Vezel, and Fit, totaling three models. Dongfeng Honda has a broader range of main models and greater advantages, resulting in higher sales. 5. Different R&D levels: GAC Honda has a larger R&D center.