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Honda Motor Reported to Close 2 ICE Vehicle Plants in CN
Honda Motor (7267.JP) will close two internal combustion engine (ICE) vehicle plants in China and reduce its annual production capacity in China to 720,000 units, according to Japa...
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Honda Motor (7267.JP) will close two internal combustion engine (ICE) vehicle plants in China and reduce its annual production capacity in China to 720,000 units, according to Japanese media.

Honda Motor will shut down a plant jointly operated with GAC GROUP (02238.HK)  -0.060 (-2.247%)    Short selling $6.34M; Ratio 16.614%   in June, and will close another plant co-owned with Dongfeng Motor Group next year, the report noted.

Related News CLSA: BYD COMPANY (01211.HK) Launches New Intelligent Driving Solution and In-house Chip; Maintains HKD130 TP, High-Conviction Outperform
Honda has struggled to compete with rivals such as BYD COMPANY (01211.HK)  -3.000 (-3.101%)    Short selling $900.59M; Ratio 21.043%   in China. The company's 2025 sales in China fell about 24% YoY to less than 647,000 units.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-02 16:25.)

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