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Honda says Feb China car sales up 12 pct
March 20, 2008 / 9:00 AM / 10 years ago

Honda says Feb China car sales up 12 pct

SHANGHAI, March 20 (Reuters) - Honda Motor (7267.T) said on Thursday it sold 11.9 percent more vehicles in mainland China in February than a year earlier, slightly lagging 17 percent growth in the overall market.

Honda, Japan’s second-biggest car maker, whose models include the Accord, Civic and Odyssey, sold 28,359 cars in China last month, compared with 25,344 a year earlier, it said in a statement.

Sales at its venture with Dongfeng Motor (0489.HK), based in the central Chinese province of Hubei, jumped 70.6 percent to 10,259 units in February, it said.

However, sales at Guangzhou Honda, its joint venture with Guangzhou Automobile Group Co, parent of Hong Kong-listed Denway Motors 0203.HK, slipped 6.4 percent to 18,100 units in the month.

Industry analysts attributed the fall to freak winter storms in eastern and southern China early this year that disrupted parts supplies. (Reporting by Fang Yan)

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