China's new car sales volume 3 major Japanese companies surpassed the same month last year June 4, 18:54
New car sales by Japanese automakers in China in May exceeded the same month last year by three of the four major manufacturers. Two of these companies have double-digit growth rates, and sales have turned strong again due to the impact of the spread of the new coronavirus.
By the 4th, Japanese automakers announced new car sales in China in May.
As a result, Toyota's sales increased by 20.1% from the same month last year to 166,300, and Mazda increased by 221.6 to 31.6%, both of which were double-digit growth.
Nissan Motor Co., Ltd. also increased sales by 6.7% from the same month last year to 131,016 units, and the sales volume of the three companies was positive.
On the other hand, Honda's sales of 134,230 were 1.7% lower than the same month last year, but the rate of decrease improved by about 8 points compared to April.
The sales volume of Japanese companies fell sharply in February due to the spread of the new coronavirus infection, but due to the local government's efforts to leverage the market, such as subsidies for replacement of new cars. It is recovering rapidly.