Honda posts China sales decline after Toyota

By Lu Nengneng | August 2, 2013, Friday |

Online Edition

Still struggling to regain its lost ground in China after falling by the wayside during the Sino-Japanese political turmoil, Honda became the second Japanese carmaker to post a decline in July sales in the country after Toyota.

The Tokyo-based carmaker said today its deliveries in China dropped 1.7 percent from a year earlier to 51,140 units last month following a 5.6 percent drop in June and a 4.6 percent increase in May.

That brought the combined sales of Honda in the past seven months to 367,718 units, down 3 percent from a year earlier. That compared with Toyota’s accumulated 5.4 percent decrease this year after the world’s largest carmaker by sales announced a 3.5 percent sales slip in China in July yesterday.

The sales of most Japanese carmakers are yet to reach positive territory though it has been 10 months since the Diaoyu Islands dispute triggered a national boycott of Japanese goods last year. It's longer than past disputes have taken to burn out as Japanese carmakers are also dealing with their own business mistakes concerning the product planning.

Economy

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Honda posts China sales decline after Toyota

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