Guangzhou Honda Accord sees substantial price cuts in H1

Shanghai. August 16 (Gasgoo.com) - Guangzhou Honda Accord had price cut as much as 40,000 yuan ($5278) in 2.0 Liter and 2.4 Liter Accord sedans in the first half year, while the price of 1.6 Liter Accord has been reduced to 160,000 yuan ($21,112).

However, Accord’s biggest competitor Camry has held its price since it was launched at the mid of 2006.

Shanghai VW Passat Linyu also has cut its prices as much as 16,200 yuan ($2,137).