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Honda China sold 82000 vehicles in February, plummeting nearly 50%.

2024-11-05 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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Recently, Honda, one of the major Japanese car companies, took the lead in announcing sales in China in February, achieving a substantial increase over the previous year, but sales last month were almost halved.

According to Honda China official data show, The brand in February terminal sales in China for 81556 vehicles, Year-on-year growth of 622.5%, Month-on-month decline of 48.2%. Among them, the terminal sales volume of GAC Honda in February was 36586 vehicles, with a year-on-year growth of 388.79% and a month-on-month decline of 45.65%; the terminal sales volume of Dongfeng Honda in February was 44970 vehicles, with a year-on-year growth of 1082.49% and a month-on-month decline of 50.11%.

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From the year-on-year performance, Honda achieved more than 6 times growth this year, but since February last year was the outbreak of the new crown epidemic, the year-on-year surge is not significant. Honda cars in the same period last year suffered a setback at the market level because of three factories in Wuhan, with a sales base of only 11,000 vehicles in China during the same period.

This is also Honda's two joint ventures in February this year there is a big gap between the year-on-year growth, last February, Dongfeng Honda is in the epidemic center can not start, production and sales were suspended, until the second half of the year to resume work, so guess Dongfeng Honda in the first half of this year will have a relatively large year-on-year growth.

Despite this, Honda cars in February this year or a month-on-month slump of 50%, almost cut. This is mainly because February this year is affected by factors such as the Spring Festival holiday, the number of working days has decreased by nearly 10 days compared with last month, which undoubtedly makes the industry worried about Honda's performance in China this year.

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From the specific models, Honda did not announce the sales of specific single models in February this year, only that the best-selling SUV CR-V sold more than 10,000 vehicles in February, which is quite different from the usual sales of 6 or 7 models. It seems that even Honda Civic was also "flameout" in February this year. However, hybrid models still have some sales support in February this year, equipped with SPORT HYBRID (sharp hybrid) efficient dual-motor hybrid system models, in February terminal sales contributed 10864 vehicles.

From the cumulative performance of the previous two months, Honda's cumulative sales of terminal vehicles in China were 239,013 units, an increase of 48.0% year-on-year. Among them, the terminal cumulative sales volume of GAC Honda Automobile Co., Ltd. from January to February 2021 was 103,907 vehicles, with a year-on-year growth of 23.5%; the terminal cumulative sales volume of Dongfeng Honda Automobile Co., Ltd. from January to February 2021 was 135,106 vehicles, with a year-on-year growth of 74.6%. still achieve relatively large growth.

Affected by the epidemic situation last year, Honda stopped production in the first half of the year for more than half a year, and sales volume declined obviously, but in the second half of the year, it followed the strong rebound of the market, and with certain product strength, it climbed steadily in the second half of the year. Especially with the help of the climbing of the new model Haoying and the return of Honda Fit, Honda finally overfulfilled the sales task with 1.63 million vehicles, realizing the change from negative growth to positive growth, with a year-on-year growth of 4.7%, setting the highest annual sales record in history.

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Although the increase is not obvious, considering Honda stopped production for half a year, it has surpassed the average level of the domestic automobile market and many brand models. As for this year's continuation of last year's "myth", please wait.

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