Honda to invest 3.8 bln yen to raise car output in China

TOKYO (AFX-ASIA) - Japan's Honda Motor Co Ltd said it plans to increase its passenger car output in China through a 3.8 bln yen investment to cope with surging demand. "We will increase our production from 50,000 units this year," said Honda spokeswoman Sachi Ito, while declining to confirm the scale of the increase. "Our production capacity is full," Ito said. "We will build an additional welding plant by spring 2002 and expand our painting factory by autumn of the same year to strengthen our production capacity."

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