Industry dynamics

Honda achieves all-time high China deliveries in 2019

Publishtime:1970-01-01 08:00:00 Views:27

Shanghai (ZXZC)- Honda delivered 1,554,433 new vehicles in China throughout 2019, hitting an all-time high in terms of annual sales, according to the Japanese automaker's China branch. Compared to its 2018 performance, the company obtained a growth of 8.5% in the world's largest auto market.

Two joint ventures in China achieved sales rise. GAC Honda saw its retail sales grow 4.1% year on year to 765,517 units, and Dongfeng Honda's full-year deliveries jumped 13.2% to 788,916 units.

Honda achieves all-time high China deliveries in 2019

In 2019, there were seven models—the Civic, the CR-V, the XR-V, the Accord, the Crider, the Vezel and the Fit—whose respective annual deliveries all surpassed 100,000 units.

Nevertheless, in the year-end spurt, Honda failed to maintain the previous prolonged rising momentum. With 142,831 new car delivered in this country, the carmaker was hit by a 25.6% plunge over a year ago in December, the second-time downturn within 2019—the former took place in February due to the Chinese New Year Holiday.

Honda achieves all-time high China deliveries in 2019

Retailing 67,305 new vehicles, GAC Honda posted a 20.4% year-on-year drop. However, the latest decrease didn't prevent the joint venture from achieving its sales goal—735 thousand units, remaining flat from its 2018 deliveries.

Honda achieves all-time high China deliveries in 2019

GAC Honda rolled out in 2019 such new models as the new Vezel, the Odyssey Hybrid, the all-new mid-sized SUV Breeze and its first all-electric SUV VE-1, which helped the company attain a stable increase.

Honda achieves all-time high China deliveries in 2019

Dongfeng Honda delivered 75,526 vehicles in December, a steep decline of 29.6% from the year-ago period. The Wuhan-based joint venture closed its 2019 with 800,000 vehicles produced in total (photo source: Honda).