Honda Motor sees China deliveries dip 20.9% in July
Shanghai (ZXZC)- In July 2021, Honda Motor Co., (Honda) saw its China deliveries tumble 20.9% year on year to 108,139 units due to the chip supply constraint, the Japanese automaker said on Wednesday.
Civic; photo credit: Dongfeng Honda
Among the new vehicles delivered last month, 18,866 units were armed with the hybrid powertrain system “Sport Hybrid”, rising 5.9% compared to the same period of 2020.
Both GAC Honda and Dongfeng Honda posted two-digit decrease in July deliveries. The joint venture with GAC Group delivered 62,030 new vehicles, representing a 10.3% decline from a year earlier. Meanwhile, 46,109 consumers took delivery of the vehicles from Dongfeng Honda, a 31.6% drop year-over-year.
In spite of the decrease in July deliveries, Honda's China business still recorded a 19.5% jump for the Jan.-Jul. period with 894,672 vehicles delivered. The year-to-date deliveries of hybrid electric vehicles (HEVs) surged 50.3% to 135,670 units.
For the first seven months, GAC Honda's deliveries grew 11% to 426,654 units, while Dongfeng Honda also boasted a 28.4% year-on-year rise with 468,018 vehicles handed over to consumers.