Honda sales up 32 percent in China

Shanghai. October 19 (Gasgoo.com) ¨C Honda Motor Co, Japan's second-largest car maker, sold a total of 297,536 cars in Chinese market from January to September, up 31.7 percent year on year, said a Reuters report earlier this week.

The report shows that of the automaker's two joint ventures in China, sales at Guangzhou Honda climbed 12.1 percent to 208,227 units while sales of Dongfeng Motor surged by 121.7 percent to 89,309 units.

In September alone, Honda sold 45,121 vehicles in China, up 39.3 percent from a year earlier, of which sales of Guangzhou Honda and Dongfeng Motor were 32,322 units and 12,799 units, respectively.

A senior Honda official told Reuters earlier this year that his firm is on course to hit a level of 400,000 units in China this year, up 24% from 2006. It is targeting at least 10% of the China market by the end of this decade, up from around 7.5% last year.

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