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Honda vehicle sales in 1997 totaled 6,872 units (up 7% over 1996) but declined by 83% in 1998, to 1,182 units, mainly due to the economic crisis that hit the Southeast Asian region. In 1999, Honda Motor Co., Ltd. established a joint venture company called PT Honda Prospect Motor (HPM) on 15 February 1999.
Honda first entered Indonesia in the 1960s through PT Imora Motor as its sole national distributor, with its first model Honda T360 pickup. In 1972, Honda also introduced the two-door Civic to the country. [45] As a response to the vehicle import ban, PT Prospect Motor began local assembly of Honda automobiles in Sunter, North Jakarta.
Guangzhou, Honda Automobile (China) Company — a joint venture with Guangzhou Automobile Industry Group; Honda Jazz for export.; Wuhan, Dongfeng Honda Automobile — a joint venture with Dongfeng Motor Corporation; Honda CRV for China market and engines for: CRV (2.0 and 2.4l), Civic (1.8l), Spirior (Acura TSX, Euro Accord 2.4l).
PT Astra Honda Motor is a motorcycle manufacturer based in Jakarta, Indonesia. It is a joint venture between Honda and Astra International (with a 50% stake each). [1]
Honda R&D Americas, Inc. (HRA) is an American division of Honda Motor Company that develops automobiles, motorcycles, all-terrain vehicles, outdoor power equipment; lawnmowers, boat outboard engines, and jet engines. It develops vehicles for Honda and Acura sales in conjunction with other global R&D centers.
The investment of the project is around US$700 million. The plant is expected to produce up to 150,000 vehicles in a year in its maximum capacity and is estimated to create 3,000 jobs for Indonesia. [6] In August 2016, SGMW Motor Indonesia joined the 2016 Gaikindo Indonesia International Auto Show and showcased the Wuling Hongguang S1 and ...
The park opened in 1961 and was owned by the Honda Motor Company. The park attractions involved motorsports. [2] The park featured a variety of mechanized vehicles which visitors could try out. [3] In addition to Honda vehicles and electric vehicles, park visitors also could ride a roller coaster and a Ferris wheel.
GE Honda Aero Engines LLC is a joint venture between GE Aerospace and Honda Aero based in Cincinnati, Ohio. GE Honda is headed by Melvyn Heard of GE Aerospace and Shinji Tsukiyama of Honda Aero. Formed in 2004, the company plans to create jet engines in the 1,000 to 3,500 lbf (4.4 to 15.6 kN) thrust class, suitable for the business aviation ...