Honda Motor Sales in China Decreases 31%, Daily Production Increases 15%

Tokyo, June 7, according to Japan’s Kyodo News Agency, Japan's Honda’s Chinese corporation announced on the 7th that in May, Honda’s new car sales in China decreased by 31.6% compared to the same period last year to 27,204. This is already the second consecutive month that Honda’s sales have fallen from the previous year. The rate of decline in May increased from April (22%).

It is reported that this is mainly due to the impact of the Great East Japan Earthquake, Japan's lack of spare parts so that major companies have reduced their production. In addition, Toyota Motor sales in China fell by 35% in May to approximately 38,500 units, which was lower than the previous year for two consecutive months.

However, Nissan’s production in China, which is continuously recovering, has increased by 15% to 93,300, which is also the double-digit growth of Nissan’s two months later. It can be seen that the great disparity among the major automobile manufacturers in Japan is very big.

In addition, Honda Motor's total sales from January to May decreased by 8.9% compared to the same period last year, reaching a total of 23,264 vehicles, which has been in a state of depression. At present, both Honda and Toyota hope to accelerate the recovery of production and resume sales as soon as possible. (Compilation of the moon)