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Honda’s China deliveries leap 19.7% from prior-year period in August

Monika From Gasgoo| September 03 , 2020 18:30 BJT

Shanghai (Gasgoo)- Honda saw its China deliveries jumped 19.7% year on year to 148,636 units last month, the highest-ever Aug. volume the Japanese automaker has achieved in the world's largest auto market.

Honda’s China deliveries leap 19.7% from prior-year period in August

The double-digit growth should be equally credited to the upturn achieved both two joint ventures. GAC Honda's deliveries also leapt 19.7% from a year earlier to 71,143 units, while Dongfeng Honda scored a 19.8% robust increase with 77,493 vehicles delivered in August.

Thanks to the two-digit increase in both Jul. and Aug. deliveries, Honda's decrease in Jan.-Aug. China deliveries contracted to 9%, versus the 13.1% decline in Jan.-Jul. volume.

For the first eight months, GAC Honda and Dongfeng Honda delivered 455,362 units (-8.1% YoY) and 441,927 units (-9.8% YoY) respectively.

There were four models from GAC Honda—the Accord, the Vezel, the Breeze and the Crider—whose respective deliveries all exceeded 10,000 units in August.

By the end of this year's August, the cumulative sales of the Vezel surpassed 800,000 units in China, according to GAC Honda. The joint venture put the 2020 Vezel onto the market in late March, which offers the 1.5L CVT variants priced at as low as 133,800 yuan ($19,566).

Honda’s China deliveries leap 19.7% from prior-year period in August

(Fourth-generation Fit, photo source: GAC Honda's WeChat account)

On August 26, GAC Honda's fourth-generation Fit went on sale, which is expected to further drive the joint venture's sales in the future.

As for Dongfeng Honda's products, the respective deliveries of the Civic, the CR-V and the XR-V all topped 10,000 units last month. Notably, both Civic and CR-V had Aug. retail sales exceeding 20,000 units. The sales of the Civic had been above 20,000 units for five consecutive months.

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