History
Dongfeng Honda was established in July 2003 with a registered capital of US$200 million. Dongfeng Honda began automobile production in April 2004, with the Honda CR-V sport utility vehicle initially its only product.
In February 2006 Dongfeng Honda completed a 2.8 billion yuan (US$ 340 million) expansion of its production facilities, quadrupling production capacity to 120,000 units.
In May 2008 Dongfeng Honda announced plans to double production capacity to 240,000 vehicles a year, in an investment of 10 billion yen (US$95.5 million).
Read more about this topic: Dongfeng Honda Automobile
Famous quotes containing the word history:
“The only history is a mere question of ones struggle inside oneself. But that is the joy of it. One need neither discover Americas nor conquer nations, and yet one has as great a work as Columbus or Alexander, to do.”
—D.H. (David Herbert)
“Spain is an overflow of sombreness ... a strong and threatening tide of history meets you at the frontier.”
—Wyndham Lewis (18821957)
“Like their personal lives, womens history is fragmented, interrupted; a shadow history of human beings whose existence has been shaped by the efforts and the demands of others.”
—Elizabeth Janeway (b. 1913)