Honda sales hit all-time high in sluggish Chinese auto market in 2015

Sales of Honda's locally-produced vehicles reached an all-time high in China in 2015, exceeding one million units, and representing growth of over 30% from the previous year. Capitalising on the growing popularity of the SUV, the Japanese auto-manufacturer launched three SUV models, which contributed over 110,000 units in sales for the company. Honda's success, along with other Japanese car makers all reporting double-digit growth, contrasts with a sluggish Chinese auto market in 2015; overall car sales in the first eleven months of 2015 grew 3.3% from the previous year. However, the China Automotive Technology and Research Centre is predicting a rise in China's car sales of around 5.7% in 2016, boosted by the Government's introduction of preferential policies to encourage car purchases.    

 

Are you lost in the wild?

Sorry, but the page you're looking for has not been found

Try checking the URL for errors, goto home or try to search below.