Honda targets China sales of 730,000 units in 2011



Honda operates 50-50 joint ventures with Guangzhou Automobile Group Co and Dongfeng Motor Group, as well as a majority-owned factory building the Fit/Jazz subcompact model for exports to Europe.

Honda's production capacity in China is set to rise to 890,000 cars a year in 2013.

Honda Motor Co said on Friday it would target sales in China of 730,000 units in 2011, for growth of more than 10 per cent from the 650,000 estimated for this year.

"We expect the overall (Chinese) market to grow by an average 10 per cent," Seiji Kuraishi, head of Honda's China operations, told reporters in Tokyo. "We will aim for a growth of more than 10 per cent, of around 730,000 units."