Honda restarts expansion with Wuhan plant
Honda Motor Co said on Tuesday it has revived plans to expand production in China, beginning work on a new plant this year that will start operating in 2019.
The factory will have initial annual capacity of making 120,000 vehicles and could eventually produce 240,000 units a year, Chen Binbo, executive vice-president of Honda's China joint venture, said on Tuesday.
Honda said last year it would delay construction of a planned $822 million plant in Wuhan as industrywide demand slowed.
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