Honda Motor Co. has partnered with Guangzhou Automobile Group to manufacture and distribute Acura cars in China beginning 2016.
The company officials, however, did not cite any details as to how many vehicles will be rolled out as well as the location of the factory.
Nevertheless, a Honda spokesperson told Reuters that the model would likely be an entirely new compact SUV that is not part of its existing product line. The concept model will likely be patterned after the Acura SUV-X that was unveiled during the Shanghai auto show in April 2013.
Honda's CEO Takanobu Ito hinted as much when he said during the Shanghai auto show that producing Acura cars in China is already in the pipeline.
The world's largest car manufacturers such as Mercedes Benz, BMW and Audi AG have built subsidiaries in China hoping to get a share of the market pie. It is expected that the annual demand for cars may reach 2.7 million units by the year 2020.
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