Thursday, December 27th, 2007
Honda Motor Co., Ltd., announced a summary of automobile production, Japan domestic sales, and export results for the month of November 2007, including a record for worldwide production for the month of November and an all-time record for any month for production in regions outside of Japan.
Due to a decrease in production for the domestic market, production in Japan experienced a year-on-year decrease for the third consecutive month (since September 2007).
Production in regions outside of Japan experienced a year-on-year increase for the 28th consecutive month (since August 2005).
Worldwide production also experienced a year-on-year increase for the 28th consecutive month (since August 2005).
Honda set an all-time record for any month for production in regions outside of Japan as well as production in Asia Oceania and China. Worldwide production, as well as production in North America and Europe, marked an all-time record for the month of November.
Total domestic sales for the month of November experienced a year-on-year decline for the 11th consecutive month (since January 2007).
Due to strong sales of the all-new Fit, new vehicle registrations in November experienced a year-on-year increase for the first time in seven months (since April 2007).
Sales of mini-vehicles in November experienced a year-on-year decline for the ninth consecutive month (since March 2007).
Fit was the industry’s best-selling car among new vehicle registrations for the month of November, with sales of 18,138 units. StepWGN had sales of 5,036 units.
Life was the industry’s fourth best-selling car among mini-vehicles for the month of November, with sales of 7,767 units. Zest was the industry’s tenth best-selling mini-vehicle with sales of 2,971 units.
Due mainly to an increase in exports to North America and Asia, total exports from Japan in November experienced a year-on-year increase for the fifth consecutive month (since July 2007).
Posted in car | No Comments »
Thursday, December 27th, 2007
General Motors became the first global automaker to sell 1 million vehicles in China in a single year today when GM China Group President and Managing Director Kevin Wale handed the keys to a Buick Park Avenue to Mr. Zhang Jianping at Shanghai GM’s corporate showroom in Shanghai.
“Becoming the first global manufacturer to sell 1 million vehicles in China is a demonstration of the strength of our product, our people and our partnerships,” said GM Chairman and CEO Rick Wagoner. “China is a very important market, and we’re extremely proud of the contribution we have been able to make to the growth and development of its automotive industry. It’s been an extremely beneficial relationship for both sides.”
GM sales in China first surpassed 100,000 units annually back in 2002. Since then, GM sales have enjoyed steady growth, topping 500,000 annual sales in 2005, thanks to its growing lineup of brands and vehicles. The milestone million mark featured GM’s best-known and strongest brand in China, Buick.
“I’m extremely honored to be the one millionth customer in 2007 for General Motors,” Mr. Zhang said. “This is my second Buick and I appreciate the performance, safety and durability of Buick. In addition, I was very satisfied with the fuel economy of my first car. After comparing other products in the premium segment for my next car, it made perfect sense to choose the Park Avenue.”
“From day one, GM and our partners have been committed to continually rolling out new and upgraded models, with specific engineering done in China for China to satisfy the needs of Chinese vehicle buyers across the country,” Wagoner added.
This year, GM and its joint venture partners have begun offering several new products, including the Cadillac SLS luxury business sedan, Buick Park Avenue premium sedan, Chevrolet Captiva SUV, all-new Chevrolet Epica intermediate sedan and Wuling Hong Tu minivan.
According to Wagoner, reaching the new sales mark in 2007 is especially significant as it is taking place in a year in which GM has celebrated several milestones in China. Both Shanghai GM, the automaker’s flagship manufacturing joint venture, and the Pan Asia Technical Automotive Center (PATAC), GM’s engineering and design joint venture with Shanghai Automotive Industry Corporation (SAIC), marked their 10th anniversaries earlier this year. SAIC-GM-Wuling, GM’s mini-vehicle joint venture, also celebrated its fifth anniversary.
Posted in Trucks | No Comments »
