Honda: China Oct Auto Sales Up 2.4% To 35,680 Units
Thursday November 20th, 2008 / 6h15
BEIJING -(Dow Jones)- Honda Motor Co. (HMC) said Thursday its October vehicle sales in China rose 2.4% to 35,680 units, from 34,842 units in the same month a year earlier. Sales for the January-October period increased 17.9% to 391,938 units, from 332,376 units a year earlier, the Japanese automaker said in a statement. January-October sales by Guangzhou Honda Automobile Co., Honda's 50-50 joint venture with Guangzhou Automobile Group Co., rose 10.0% to 254,778 units, from 231,720 units a year earlier. Guangzhou Honda makes the Accord and Fit sedans and the Odyssey minivan, among other vehicles. Sales at Dongfeng Honda Automobile Co., a 50-50 venture with China's Dongfeng Motor Corp., rose 36.3% to 137,160 units in the 10-month period, from 100,656 units a year earlier. However, sales at the Dongfeng venture fell 6.2% to 10,648 units in October alone, from 11,349 units a year earlier, the statement said. Dongfeng Honda makes the CR-V sport-utility vehicle and the Civic sedan. -By Patricia Jiayi Ho, Dow Jones Newswires; (8610) 6588 5848; patricia.ho@dowjones.com Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/al?rnd=ZeJWYD76SSUIrDh7xN%2BBbg%3D%3D. You can use this link on the day this article is published and the following day.
