Honda Motor’s China sales fall 30.1% over previous year in Feb. 2023

Shanghai (Gasgoo)- Honda Motor delivered 74,142 vehicles in China in Feb. 2023, facing a year-on-year drop of 30.1%, the Japanese automaker said a few days ago.

As for the performance of two joint ventures, GAC Honda saw its monthly deliveries tumble 30% from the previous year to 35,829 units in Feb. 2023, while Dongfeng Motor's Feb. deliveries declined 30.2% over a year earlier to 38,313 units.

For the first two months of this year, Honda Motor’s cumulative sales in China amounted to 138,332 units, plunging 45.2% compared to the same span of last year.

Of the vehicles sold in the Jan.-Feb. period, 27,351 units were electrified vehicles, which include hybrid electric vehicles (HEV), plug-in hybrid electric vehicles (PHEV), and battery electric vehicles (BEV).

GAC Honda saw its Jan.-Feb. sales shrank 42% over a year earlier to 76,113 units, while Dongfeng Honda also suffered a 48.8% year-on-year plummet in its year-to-date sales, which came in at 62,219 units.

ZR-V e:HEV; photo credit: Honda China

Last month, the Japanese automaker’s joint venture with GAC Group put two new significant models onto the market. As GAC Honda’s 4^th-generation SUV carrying the i-MMD hybrid system, the ZR-V e:HEV hit the market on Feb. 20 with its four trim levels priced between 179,900 yuan and 228,900 yuan. Besides, the INTEGRA Hatchback went on sale on Feb. 28 with its six variants covering three powertrain solutions—the MT, the CVT, and the e:HEV.