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Honda sales slip for 2nd straight month; Volvo gains – Automotive News

by Nov 4, 2022Blog0 comments

Honda’s joint venture with Dongfeng Motor Group in the central China city of Wuhan 
Honda Motor Co.’s China deliveries slipped for the second month in October due to a severe shortage of semiconductor chips, while Volvo Car Corp.’s sales forged ahead after Shanghai, China’s largest city and auto production hub, came out of a two-month lockdown in early June. 
October sales at Honda fell 19 percent to 106,101 after slipping 17 percent the previous month, the Japanese brand’s China office said this week. 
Sales of Honda’s hybrid models tallied 13,678, or nearly 13 percent of October deliveries. 
Honda’s China sales have now declined 6.8 percent to below 1.16 million this year through October, with hybrids accounting for 168,644 deliveries, or roughly 15 percent of volume. 
Deliveries last month at Volvo surged 37 percent to 15,048. The tally consists of 837 plug-in hybrids and 80 full electric vehicles, according to data the Swedish brand released. 
Through October, Volvo’s China sales dropped 7.5 percent to 132,792, including 7,143 plug-in hybrids and 2,025 EVs. 
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