Honda Moves Toward Global Auto Production; Exports To Asia, Europe From China Planned

Background
Hon­da plans to build plant in Guangzhou, in south­ern Chi­na
Pro­duc­tion in new plant to begin by end of 2004
Part­ner­ship to pro­duce and export com­pact cars with Guangzhou Auto Group Corp. and Dongfeng Motor Corp.
Hon­da to set up a new trans­mis­sion plant in Indone­sia, invest­ing $67.9M




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