- Aug 25, 2006
Honda begins auto production in Vietnam
Honda has had a manufacturing presence in Vietnam since 1997, when it began production of motorcycles, many of which found owners in cities and towns throughout Vietnam. That sales capacity is now extending to automobiles, with four newly established dealerships within the country. Although car sales are still rare, with 35,000 units being sold in 2005, the jobs created by the factory and a burgeoning economy may force that figure upwards throughout the coming decade.
[Source: The Auto Channel]