Honda Motor’s China sales dip 36.3% YoY in April
Shanghai (Gasgoo)- Honda Motor announced today its monthly China sales reached 95,216 units in April 2022, declining 36.3% from a year ago due to the impact of the coronavirus resurgence and the supply constraints of auto parts.
The two-digit year-on-year drop also confronted Honda Motor's two joint ventures in China. To be specific, GAC Honda saw its April sales dip 33.4% to 42,936 units, while Dongfeng Honda's sales shrank 38.4% to 52,280 units.
For the first four months of 2022, Honda Motor sold 449,002 vehicles across China, representing a 16.8% year-on-year decrease. The year-to-date sales of the vehicles armed with the hybrid powertrain system “Sport Hybrid” reached 67,323 units.
As for the performance of two joint ventures, Dongfeng Honda logged a 25% year-on-year decline with 221,216 vehicles sold in the Jan.-Apr. period, while GAC Honda's year-to-date sales dwindled 6.9% to 227,786 units.
Last month, the Japanese automaker made significant headways in its electrification business in the world's largest auto market. On April 26, Dongfeng Honda put its first Honda-branded BEV model, the e:NS1, onto the market. Coming with four trim levels, the model is priced between 175,000 yuan ($26,230) and 218,000 yuan ($32,680) after subsidies.
As the twin of the e:NS1, the e:NP1 will become available for presale this month with GAC Honda as the manufacturer and seller.
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