financetom
Business
financetom
/
Business
/
Market Chatter: Honda Motor to Close Joint Venture Car Production Plant in China
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Honda Motor to Close Joint Venture Car Production Plant in China
Apr 17, 2026 3:44 AM

06:17 AM EDT, 04/17/2026 (MT Newswires) -- Honda Motor ( HMC ) will close at least one of its Chinese car production plants jointly run with Guangzhou Automobile Group in June, Reuters reported Thursday, citing people familiar with the matter.

The Japanese automaker is also evaluating the suspension of its plant jointly owned with Dongfeng Motor next year, the report said.

Honda ( HMC ) and Guangzhou Automobile did not immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Chatter: Boeing CEO to Face US Senate Over Safety Concerns
Market Chatter: Boeing CEO to Face US Senate Over Safety Concerns
Apr 2, 2025
08:15 AM EDT, 04/02/2025 (MT Newswires) -- Boeing ( BA ) chief executive officer Kelly Ortberg is scheduled to testify before the US Senate Commerce Committee to address the company's recent safety lapses and broader operational issues, Reuters reported Wednesday, citing a prepared testimony and committee statements. The hearing follows an in-flight emergency involving a 737 MAX 9 in January...
Factbox-US businesses brace for more pain as 'Liberation Day' tariffs loom
Factbox-US businesses brace for more pain as 'Liberation Day' tariffs loom
Apr 2, 2025
(Reuters) - Businesses around the world are keenly watching for details on U.S. President Donald Trump's sweeping new reciprocal tariffs on trading partners, the latest in a series of extensive duties imposed since his return to the White House earlier this year. The fresh duties are expected to take effect immediately after Trump announces them at a ceremony at 4...
Patagonia Gold Gives Newmont Option to Buy Gold-Silver Assets in Argentina for US$1.5 Million
Patagonia Gold Gives Newmont Option to Buy Gold-Silver Assets in Argentina for US$1.5 Million
Apr 2, 2025
08:18 AM EDT, 04/02/2025 (MT Newswires) -- Patagonia Gold ( HGLD ) said on Wednesday that it signed a binding agreement granting Newmont ( NEM ) a six-year option to acquire the Tornado and Huracan gold-silver properties in Argentina for US$1.5 million. The properties are located near Newmont's ( NEM ) Cerro Negro mine. The transaction also includes the El...
Stellantis' Total US Sales Decline 12% in Q1
Stellantis' Total US Sales Decline 12% in Q1
Apr 2, 2025
08:17 AM EDT, 04/02/2025 (MT Newswires) -- Stellantis ( STLA ) reported late Tuesday that its total US sales for Q1 declined 12% year over year. The Jeep and Ram brands saw sales gains in during the quarter, rising 2% and 16%, respectively, the company said. The all-electric Dodge Charger Daytona ramped up in Q1 and accounted for 65% of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved