Honda increases Incentives on its Accord Sedans in China

Honda Motor, Japan& 39;s second-largest increase in auto sales, sedans, the recent agreement on the preferential treatment so far, this is the best-selling model in China. To increase the incentive of approximately the same as the one provided by U.S. partners in the profits earned in this year.
according to affect the company& 39;s chief financial officer, Fumihiko Ike during an interview at Tokyo headquarters, the company Before Wednesday, " Getting a competition is very tough. Affiliate lower than expected earnings for the decline in China& 39;s auto market gains. Honda "
the incentives to provide equal access to 20,000 yuan, or nearly 2,640 U.S. dollars, China agreed to. The move is more competition for the Toyota Motor KAMURIMODERU. Honda has also resorted to cut down full-year profit forecast by the Chinese partners, including approximately 15% Last month.
xin tiantshu, the director of global research and technology acumen in the world in London, & quot ; China and the buyer& 39;s market from a seller& 39;s market. Honda also on the need to accord preferential treatment because the model is getting old. "
later this year, Honda has introduced in the United States - as well as China and other markets, the agreement to re-design, Ike added. Partner Guangzhou Automobile Group and Honda& 39;s production of the agreement, almost 38% of the total percentage of china.
honda Honda sold in the producer& 39;s acceptance of the company& 39;s cold air to expect full-year net profit 625000000000 yen increased 5.5% to reach a record 5.3 billion dollars, equivalent to 00 million. The automaker is also looking forward to increased sales of 11.4% compared to 12.35 trillion.
for the United States, Honda is offering $ 3,000 incentives, 4 - Door 18,625 U.S. dollars agreement with the retail price of Masu. This agreement is the same as the original sold in 199800, according to www.sina.com.cn.
japan & 39; China is the second largest automaker partners also expected to reach 97 billion yen profit March, 2007. It& 39;s small compared to the previous forecast to 6.2 billion yen 114000000000 percent.
anyway, Honda also know the Japanese automaker& 39;s first venture in China is? Unfortunately, the future of other automakers, particularly Toyota and Honda have been sold affected.
this year sales in China, aiming to increase more than 20 percent or more of Toyota vehicles in the hands 400000 rivals look forward to a more Detailed in the country to boost sales almost 50% of 450000 units sold.
toyota & 39; s one of the Camry, the best-selling car in China and the first half of this year to 80,664 units can be sold Honda has sold one small hoops agreement has been reached, only the 64,443 figure.



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