Honda's Chinese Sales Off 5.5% in August

Newswire

(Adds comments from Honda spokeswoman) SHANGHAI, Sept 2 (Reuters) - Honda Motor Co Ltd and its two local joint ventures sold 52,513 automobiles in China in August, down 5.5 percent from a year earlier, the Japanese automaker said on Tuesday. That follows a 22.7 percent year-on-year fall in July and a 15.8 percent increase in June. Natsuno Asanuma, Honda's Beijing-based spokeswoman, said the decline in August sales was due to dealers adjusting their inventory ahead of planned launches of ...

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