Guangzhou Honda sees July sales up 57% m/m

Shanghai, August 5 (Gasgoo.com) While China's passenger vehicle market began to slide in July, Guangzhou Honda, a joint venture between Guangzhou Auto and Honda Motor, bucked the trend by selling 30,148 vehicles, up 57.09% over the previous month, said xinhuanet.com today.

Of the top 15 Chinese makers of passenger vehicles by sales in July, only Guangzhou Honda sold more vehicles over June, and the nearly 57.1% growth rate shows the company is gathering strong sales momentum. Industry experts said that this extraordinary achievement is mostly attributed to the good sales of the 8th-generation Accord sedan and the all-new Fit sedan.

The 8th-gen Honda Accord of the joint venture was the top seller of mid- to high-end sedans in the Chinese market in March, May, June this year, and the car sold a staggering 17,191 units in July, the best selling sedan again and also the only model of its kind that sold over 10,000 units that month in China. By July 31, The Chinese-made Honda Accord sold a total of 90,881 units in the country this year.

The all-new Fit sedan sold 4,575 units in 18 days after it was launched into the market on July 13, and became the second best-selling compact car in China's auto market that month, plus more than 20,000 units of Fit already ordered.

A Guangzhou Honda executive said that the company's efforts to boost product quality and services had paid off in its brisk July sales amid the overall auto market slide. The carmaker promises to continue its pursuit of best quality.