38,726 Reasons to Invest in Honda

Posted by Bill Belew on September 8th, 2008 in asia | Comments Off

There are 38,726 reasons to invest in Honda Motor Co.

In August of this year, Honda sold 38,726 cars in China, UP 19.4% from a year earlier.

So far this year, Honda sales are up 22.6% on the year in China – 309,561 vehicles this year compared to 252,423 during the same time frame last year.

Honda has two joint ventures – 50-50 with Guangzhou Honda Automobile Co and 50-50 with Dongfeng Honda Automobile Co.

dongfenghonda.jpg

Guangzhou Automobile Group sales were up 12.3%. Dongfeng Motor Corp. sales were up 46.5%.

Dongfeng Honda makes the CR-V and the Civic. I have one of each…both made in the U.S.

Why aren’t you investing in Honda?


 

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