Honda Motor on Wednesday said its Chinese car sales rose 31.7% in the first nine months of 2007, beating 24% growth in the country’s car market.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
According to Reuters, Honda, which makes the Accord, Civic and Odyssey models locally [and exports the Jazz/Fit line], said in a statement that it sold 297,536 cars in China from January to September, up from 225,965 a year ago.
Sales at Guangzhou Honda climbed 12.1% to 208,227 cars while sales by the joint venture with Dongfeng Motor jumped 121.7% to 89,309.
In September alone Honda sold 45,121 cars in the country, up 39.3% from a year earlier, the news agency noted.
A senior Honda executive told Reuters in April that his firm expected to sell roughly 400,000 cars in China this year, up 24% from 2006. It is targeting at least 10% of the China market by the end of this decade, up from around 7.5% last year.
