Honda Motor Company set a sales record in November for production in China at 153,000 vehicles, twice the amount produced a year ago. This makes China Honda’s largest single market by far. North America at 135,000 is second, and the home market in Japan at 53,000 is a footnote.
All told, Honda globally produced 4.81 million vehicles year to date. China now represents 29% of all Honda Motor production ytd at 1.4 million. Toyota Motor made 8.4 million – 1.3 million in China.
Honda worldwide production experienced a year-on-year decrease for 4th consecutive month. Total Japanese sales experienced a year-on-year decrease for the 2nd consecutive month. Both new vehicle registrations and mini-vehicles experienced a year-on-year decrease for the 2nd consecutive month.
Toyota remains a powerhouse globally – especially in North America, Asia and Japan. China remains strong in spite of economic uncertainty and the Trump Admiration’s trade war by tweet.