Honda’s China sales to catch up with its sales in the United States, says CEO

by SpeedLux
2017 Honda Civic Si images

Honda’s sales in China are likely to catch up with its sales in the United States under two to three years and the company would like them to eventually overtake U.S. sales, the company’s CEO said on Friday.

Takahiro Hachigo provided his statement to a small group of reporters following the official opening of a new plant located in Wuhan.

Hachigo stated that the catch-up could happen “soon”, later clarifying to Reuters that he was talking about a two-to-three-year time period.

“We would like China sales to overtake the U.S.,” he stated, adding that the company did not anticipate U.S. sales to boost significantly.

Honda’s manufacturing capacity in China could be increased if necessary, he added.

Honda last year sold approximately 1.7 million vehicles in the United States and 1.4 million in China.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

SpeedLux

SpeedLux is a high-authority automotive blog providing the latest automotive news and reviews. SpeedLux covers everything related to cars, bikes, and motorcycles, from news and reviews, to troubleshooting guides, tips and tricks, and more. SpeedLux was born in 2009 and we have over 20,000 articles published on our blog. We thank all our readers, as well as our partners, without whom we could not have reached this level.

Subscribe

©2009 – 2024 SpeedLux – Daily Automotive News and Reviews. All Right Reserved.