HMC » Topics » Wuyang-Honda Motors (Guangzhou) Co., Ltd.

This excerpt taken from the HMC 6-K filed Mar 13, 2006.

Wuyang-Honda Motors (Guangzhou) Co., Ltd.

 

Established:

   July 1992

Location:

   Xintang Industrial Area of Zeng Cheng, Guangzhou, China

Capital Investment:

   US$30 million

Capitalization Ratio:

   50% Honda Motor Co., Ltd.
     50% Guangzhou Motors Group Company

Representative:

   YANG Dadong, Chairman
    

Chiaki KATO, President

Business:

   Production and sales of motorcycles

Employment:

   Approx. 3,300 associates (as of February 2006)

Annual Capacity:

   1,000,000 units

Production Models:

   @Stream (125cc scooter), SCR100 (100cc scooter), MCR125, GL125, CGL125, CG125 (125cc motorcycle)
     Spacy 100 (100 cc scooter for export)

 

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English summary of Honda Report to Stockholders No. 128 (which was prepared in full in Japanese language and mailed to Stockholders of Honda Stock in Japan in February 2006)

 

1. CEO’s message to shareholders

 

Honda has been expanding production capacity globally, particularly in the Asia Oceania region where Honda has been expanding both motorcycle and automobile production capacity in line with strong economic growth. To strengthen research and development capabilities in the region, Honda will establish an automobile R&D center in Thailand to begin operations in 2007. This will enable us to more quickly respond to the diversifying needs of customers and to manufacture products with which customers will be more satisfied.

 

In order to fulfill our responsibilities as a corporate citizen, Honda has proactively dedicated itself to philanthropic activities as well as business activities. We would like to contribute to the enrichment of society by passing on the fun of creating new things and the joy of taking on challenges to children who will build the future.

 

In this report, we will highlight our automobile business in the Asia Oceania region as well as our philanthropic activities.

 

2. The power of the Honda brand grows brighter in a growing Asia

 

The automobile market in Asian countries such as India and ASEAN nations is growing consistent with economic growth in the region. Honda will expand production capacity in Pakistan in 2006, following expansion in India in November 2005. A new plant in Vietnam will begin operations in 2006 July.

 

3. Honda’s philanthropic activities nurturing the dreams of the next generation

 

Expectations for philanthropic activities of corporations have been increasing. Honda established a philosophy for philanthropic activities on the occasion of the 50th anniversary of the company’s founding in 1998. Based on this philosophy, Honda actively undertakes philanthropic activities worldwide.

 

4. Honda’s picture book

 

Civic:

   “World Basic Car” opening up new frontiers for the compact car.

 

5. Honda Topics:

 

-

  

Honda made a new ASIMO humanoid robot debut, which features the ability to pursue key tasks in real-life environments.

(Details are as filed in Form 6-K of December 2005)

-

  

Honda announced plans to integrate the company’s three existing domestic automobile sales channels. In addition, Honda announced plans to introduce its premium Acura brand in Japan by fall 2008.

(Details are as filed in Form 6-K of December 2005)

-

  

Honda announced plans to begin mass production in 2007, of an independently developed thin film solar cell.

(Details are as filed in Form 6-K of December 2005)


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6. Introduction of New Products:

 

Civic/

Civic Hybrid:

   A new generation of fine midsize sedans, the 1.8-liter Civic and Civic Hybrid with its new Honda Hybrid System.

Zest:

   A new minicar that delivers superior power and performance, together with an efficient low-floor design and generous storage area with a convenient access bay.

HSM1590i:

   World’s first mid-size hybrid snowblower with electronically controlled switchable operating modes.

Monpal ML200:

   A stylish 4-wheel scooter with a comfortable ride and high maneuvering stability that delivers easy, carefree operation.

 

7. Consolidated financial results for the nine months ended December 31, 2005

 

Honda announced its consolidated financial results for the nine months ended December 31, 2005.

 

(Details are as filed in Form 6-K of January 2006)

 

(end)

This excerpt taken from the HMC 6-K filed Jan 18, 2005.

Wuyang-Honda Motors (Guangzhou) Co., Ltd.

 

Established:    July 1992
Location:    Guangzhou, China
Capital Investment:    US$30 million (approximately 3.15 billion yen)
Capitalization Ratio:    50% Honda Motor Co., Ltd.
     50% Guangzhou Motors Group Company
Representative:    Yoji Kawai, President
Business:    Production and sales of motorcycles
Employment:    Approx. 3,000 associates (as of November 2004)
Annual Capacity:    600,000 units
     (new plant will have capacity of 700,000 units in 2006)
Production Models:    @Stream (125cc scooter), SCR100 (100cc scooter), MCR125, GL125, CGL125, CG125 (125cc motorcycle)
     Spacy 100 (100 cc scooter for export)

 

This release are available at the following URL:

http://www.honda.co.jp/PR/

(This site is intended exclusively for the use of journalists.)


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EXCERPTS ON THIS PAGE:

6-K
Mar 13, 2006
6-K
Jan 18, 2005
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