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Honda's China sales up 15% in Aug

Sep. 4, 2012 (China Knowledge) - Honda Motor Co, a major Japanese carmaker, has announced that its joint ventures in China sold 57,003 vehicles in China market in August this year, reflecting a YoY increase of 15%.

Guangqi Honda Automobile Co, a 50:50 joint venture hold by automaker Honda Motor Co and Guangzhou Automobile Group Co, sold a total of 30,045 vehicles in August, representing a YoY increase of 11%.

Dongfeng Honda Automobile Co, another JV between Dongfeng Motor Corp and Honda Motor Co, saw its auto sales reach 26,958 vehicles last month, up 20% from the same month of last year.

In the first eight months of 2012, the Japanese automaker saw its China sales totaled 436,061 units, 17% more than the same period of last year.

Guangqi Honda Auto's sales rose 8.7% YoY to 230,747 vehicles from January to August 2012, and Dongfeng Honda sold a total of 205,314 vehicles in the eight-month period, 28.2% more than it realized a year earlier.

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