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Production - China - Denway unit sales up 22.5 percent through October
HONG KONG,China -Reuters - Nov 02, 2005: -- Denway Motors Ltd., which makes cars through a Chinese joint venture with Japan's Honda Motor Co., said on Wednesday its Guangzhou venture sold 189,258 vehicles in the first 10 months of the year, up 22.5 percent from the previous year... In October its 50 percent-owned Guangzhou Honda Automobile Co. Ltd. sold 16,837 vehicles, down from about 23,140 units in September due to China's 8-day long golden week holiday early in the month, said Zeng Qing Hong, a director of Denway... Guangzhou Honda expects to sell about 115,000 lower-cost Fits this year, accounting for about half of its unit sales target...
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