BEIJING, China, July 20, 2026 – Honda Motor (China) Investment Co., Ltd. (HMCI), a wholly-owned Honda subsidiary in China, today announced that Honda and its automobile production and sales joint venture partner in China, Guangzhou Automobile Group Co., Ltd. (GAC Group), signed an agreement to extend the joint venture term of GAC Honda Automobile Co., Ltd. (GAC Honda) through 2038.

GAC Honda (originally named Guangzhou Honda Automobile Co., Ltd.) was established in July 1998 as the first Honda automobile production and sales joint venture in China and began automobile production in Guangzhou, Guangdong Province in March 1999. GAC Honda built a first-of-its-kind “four-in-one” automobile sales and service network^*1 in China that was well received by many customers. As reflected in its cumulative sales of more than 11 million units^*2, GAC Honda has contributed to the development and growth of the automobile industry in China.

Today, China has grown into the world's largest automobile market in volume, where competition continues to intensify amid the rapid advancement of electrification and intelligent technologies. By fully leveraging the respective technologies and resources of Honda and GAC Group, and continuing to offer products that meet the diverse needs of customers, Honda will further strengthen its automobile business in China.

Automobile sales and service network that integrates sales, service, parts supply, customer feedback, and management of customer feedback and information

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