Honda Sets Half of Fiscal Year Records for Automobile Production in China

Oct 30, 2020 09:58 JST

Source: Honda Motor Co, Ltd

Honda Sets Monthly Records for Automobile Production Worldwide, Overseas, in Asia and China

TOKYO, Oct 30, 2020 - (JCN Newswire) - Honda Motor Co., Ltd. today announced a summary of automobile production, Japan domestic sales, and export results for for the first half of the current fiscal year (April 2020-March 2021) and the month of September 2020.

World Production

The First Half of Current Fiscal Year

- Production in Japan for the first half of the current fiscal year experienced a year-on-year decrease for the first time in five years.
- Production in regions outside of Japan for the first half of the current fiscal year experienced a year-on-year decrease for the second consecutive year.
- Worldwide production for the first half of the current fiscal year experienced a year-on-year decrease for the first time in nine years.

September 2020

- Production in Japan experienced a year-on-year increase for the first time in 13 months.
- Production in regions outside of Japan experienced a year-on-year increase for the first time in two months.
- Worldwide production experienced a year-on-year increase for the first time in 14 months.

Sales in the Japanese Market

The First Half of Current Fiscal Year

- Total Japanese sales for the first half of the current fiscal year experienced a year-on-year decrease for the first time in four years.
- New vehicle registrations for the first half of the current fiscal year experienced a year-on-year decrease for the first time in two years.
- Sales of mini-vehicles for the first half of the current fiscal year experienced a year-on-year decrease for the first time in four years.

September 2020

- Total Japanese sales experienced a year-on-year decrease for the 12th consecutive month.
- New vehicle registrations experienced a year-on-year decrease for the 12th consecutive month.
- Sales of mini-vehicles experienced a year-on-year decrease for the seventh consecutive month.
- Fit was the industry's sixth best-selling car among new vehicle registrations for the month of September 2020 with sales of 8,922 units. Freed was the industry's eighth best-selling car among new vehicle registrations for the month of September 2020 with sales of 7,689 units.
- N-BOX was the industry's top-selling car in the mini-vehicle category for the month of September 2020 with sales of 18,631 units. N-WGN was the industry's sixth best-selling car in the mini-vehicle category for the month of September 2020 with sales of 8,977 units.

Exports from Japan

The First Half of Current Fiscal Year

- Total exports from Japan for the first half of the current fiscal year experienced a year-on-year decrease for the second consecutive year.

September 2020

- Total exports from Japan experienced a year-on-year decrease for the first time in two months.

Source: Honda Motor Co, Ltd
Sectors: Automotive