GUANGZHOU HONDA DENIES DECLINING AUTO PRICES ENTIRELY
AsiaInfo Services, July, 2004
AsiaInfo Services 07-08-2004 Guangzhou Honda Denies Declining Auto Prices Entirely BEIJING, Jul 08, 2004 (SinoCast via COMTEX) -- Beijing Asian Game Village Automobile Exchange (BAGVAE), the largest automobile market in Northern China, revealed that most models of sedans made by Guangzhou Honda Automobile Co., Ltd., which is the joint venture of Japanese Honda Motor Co., Ltd.
and Guangzhou Automobile Group, were sold at a lower prices but the maker denied that its autos would decline prices entirely. In BAGVAE, new models of Honda Accord sedans, a mid-end sedan scheduled to increase price previously, had said goodbye to theprice growth and some of them were sold with a big discount. Except the 2.4L new model of Honda Accord stands on the former price, both the...
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