July 22, 2026 04:19 AM GMT Auto Parts | Japan M Update Extension of GAC Honda JV Agreement—Implications for Auto Parts Makers Key Takeaways Honda announced on July 20 that it had agreed with Guangzhou Automobile Group (GAC Group) to extend the term of GAC Honda, the companies' joint venture in China, through 2038. GAC Honda was established in July 1998. The companies had signed a 30-year joint-venture agreement, which had been due to expire in 2028. The joint venture began producing automobiles in Guangzhou ...