Honda says March China auto sales down 5.3%
Updated: 2011-04-06 14:00
BEIJING - Honda Motor Co Ltd said on Wednesday that its March sales in China fell from a year earlier for a second straight month as the world's top auto market lost steam after years of rampant expansion.
The No 2 Japanese carmaker said in a statement that it sold 58,611 cars in China last month, down 5.3 percent from a year earlier. That followed a 6.5 percent year-on-year fall in February.
General Motors Co, the largest overseas automaker in China, reported a 1.3 percent gain in March sales after a 5.8 percent fall in February.
Toyota Motor Corp reported a strong rebound in China sales in March, up 37.4 percent and rising sharply from 2.8 growth in February.
F1 sponsors expect lucrative returns from Shanghai pit stop
Foreign readers are invited to share your China stories.
Italian actor plans to smash ‘foreign devil’ myth and become the first white kungfu star made in China.
China accounted for 33% of global fine art sales.