Honda Extends Joint Venture Agreement in China to 2038, CEO Admits 'We Took a Beating in China'
Faced with a 50% sales drop over five years, Acura's exit, and sluggish EV demand, Honda doubles down instead of pulling out
GAC Honda is a joint venture between GAC Group and Honda Motor Co., covering news on its models, sales, electrification efforts, and brand strategy.
Faced with a 50% sales drop over five years, Acura's exit, and sluggish EV demand, Honda doubles down instead of pulling out