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New Accord sells 21,068 units in March to hit a record high

George Gao From Gasgoo.com| April 10 , 2008 13:58 BJT

Shanghai, April 8 (Gasgoo.com) In the Chinese market of medium- and high-end cars, the new Honda Accord model has recaptured the sales championship from Toyota's Camry. The new Accord made by Guangzhou Honda Auto sold 21,068 new units in March to become Number One again 15 months later in the sales of mid- and high-end sedans.

The March sales figure of Accord also hit a single-month record high in selling mid- and -high-end sedans in China. The new Accord scaled the new height only two months after it was listed in the stock market. Up to February, Camry, a competitive model of Guangzhou Toyota, had been a market leader for 15 straight months, close to breaking the record of 19 successive months set by the old Accord. Toyota Camry sold 16,532 units in March.

Sources said that most of the new Accord vehicles will be manufactured in Guangzhou Honda's Huangpu plant and Zengcheng plant. The combined capacity of the two facilities, after the restructuring now under way, will be boosted to 800 units a day and thus will gradually ease the short supply of the increasingly popular new Accord vehicles.

Last month, Guangzhou Honda put onto the market a new model of car 8-generation Accord 3.5L priced at RMB 339,800 ($48,100). At the same time, it also unveiled the guide price of two models of 8-generation Accord 2.0L cars with 2.0MT priced at RMB 181,800 and 2.0EX, RMB 199,800, which hit the market in late March.

Guangzhou Honda Automobile Co., Ltd. is a joint venture between China's Guangzhou Automobile Industry Group Co., Ltd. and Japan's Honda Motor Co.

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