Industry dynamics

Honda Motor’s China sales edge down 0.4% YoY in Apr. 2023

Publishtime:1970-01-01 08:00:00 Views:42

Shanghai (ZXZC)- In Apr. 2023, Honda Motor sold 94,879 vehicles to consumers in China, representing a 0.4% slight year-on-year dip, according to the Japanese automaker's press release.

It is noteworthy that the decrease in the Apr. sales was remarkably narrowed down from the two-digit decline Honda Motor faced in its China monthly during the five consecutive months ended Mar. 2023.

Honda Motor’s China sales edge down 0.4% YoY in Apr. 2023

As for the performance of two joint ventures, GAC Honda saw its monthly deliveries leap 40.9% from the previous year to 60,498 units in Apr. 2023, while Dongfeng Motor's Apr. deliveries still dropped 34.2% over a year earlier to 34,381 units.

For the first four months of 2023, Honda Motor’s cumulative sales in China amounted to 315,245 units, shrinking 29.8% compared to the same span of last year.

Of the vehicles sold in the Jan.-Apr. period, 73,956 units were electrified vehicles, which include hybrid electric vehicles (HEV), plug-in hybrid electric vehicles (PHEV), and battery electric vehicles (BEV).

GAC Honda saw its year-to-date sales slide 21.7% over a year earlier to 178,424 units, while Dongfeng Honda also posted a 38.2% year-on-year decline in its Jan.-Apr. sales, which came in at 136,821 units.

At the Auto Shanghai 2023, Honda Motor exhibited the world premiere of two prototype models, the e:NP2 Prototype and the e:NS2 Prototype, and one concept model, the e:N SUV 序, for the second and third set of e:N Series EV models, respectively.

Through the introduction of these new EV models, Honda will continue to enhance e:N Series lineup and strive to make EVs represent 100% of its automobile sales in China by 2035.

Besides, Honda Motor said it is planning to introduce 10 Honda-brand EV models in China by 2027.