Honda's automobile powertrain components production subsidiary - Honda Auto Parts Manufacturing Co., Ltd. (referred to as: CHAM) in Foshan City, Guangdong Province in the South China Sea area to start building the factory. The factory with an annual production capacity is estimated to be 240,000 units (transmission), with a total investment amounting to 98,000,000 U.S. dollars, which is scheduled for production in spring 2007. Foshan Liang Shaotang mayors and other leading guests, as well as the Honda Senior Managing Director and Chief Minister of the Chinese soldiers after Atsuyoshi attended the foundation-laying ceremony. CHAM will be put into operation in the early transmission, processing and transmission shaft assembly, as well as engine parts (crankshaft, connecting rod) processing, followed by Japan plans to increase imports of processing and transmission gear control system parts and components production processes . Honda's joint venture in China, Guangzhou Honda and Dongfeng Honda production for the domestic market sales of automotive products, Honda Motor (China) Co., Ltd. producing export products. In the second half of 2006, the three domestic automotive companies of the total production capacity will reach 530,000 / year (Guangzhou Honda: 360,000, Dongfeng Honda: 120,000, Honda Motor China: 50,000). CHAM, through the establishment of, Honda will improve the domestic supply of the transmission system to cope with the vehicle's capacity to expand and enhance the local production of powertrain components, reduce costs and further strengthen competitiveness. CHAM is the second Ohio, USA, Indonesia and the United States, Georgia (construction),, Honda abroad can be established by the fourth full-automatic production processes transmissions of the workshop. Through the establishment of the new factory, Honda will further consolidate the global automotive supply transmission system.