Automotive News   |   Automotive News Europe   |   Autoweek   |   Automobilwoche

Automotive News China Newsletter
Register our free newsletter, sent each Monday and Thursday

     Automakers   Suppliers   Auto Show   Comment   Car Cutaway   Newsletters   Press Releases   Chinese Version   Register for Newsletter
  Contact Us:   Editorial   Advertising   Subscription Information   |   About Us   Media Kit
Home >> Automaker Email this story   Print this story
Nissan outsells Honda, Toyota in first 10 months
Reuters | 2017/11/7

Nissan Motor Co.'s sales in China rose nearly 11 percent year on year to 1.17 million vehicles in the first 10 months, edging the company ahead of Honda as the top-selling Japanese automaker in China.

For the period, Honda Motor Co.¡¯s deliveries rose 17 percent year on year to 1.16 million vehicles, while Toyota Motor Corp.¡¯s sales increased 8.5 percent to 1.07 million. 

Analysts believe Toyota¡¯s relative weakness in China is because of its lack of small crossover models -- a hot segment that Honda has exploited.

Honda¡¯s sales grew rapidly after it introduced two subcompact crossover models, the XR-V and Vezel, in 2014.

Though sales growth of the two models eventually eased, Honda got a fresh boost from the redesigned Civic sedan, which hit China in April 2016.

But Yale Zhang, head of Shanghai consultancy Automotive Foresight, is not pessimistic about Toyota¡¯s sales outlook.

¡°Toyota¡¯s compact sedans, especially [gasoline-electric] hybrid versions of the Corolla and the Levin, are doing well,¡± Zhang said. ¡°That would give Toyota moderate growth in 2017 and next year, but the issue is the lack of presence¡± in one of China¡¯s hottest vehicle segments, he said.

If Toyota had subcompact crossovers like Honda¡¯s Vezel and XR-V, ¡°the company could generate an extra volume of 150,000 units a year ¡­ ¡± Zhang said.

Toyota could get a lift next summer, when the subcompact Toyota CH-R crossover likely will hit China, company executives said. 

Toyota downplayed its sales race with Honda in China. ¡°We would like to continue to grow steadily in the Chinese market,¡± a Beijing-based spokesman said.

Related Stories
  • In China port city, Toyota lays foundation to ramp up output, sales
  •     --Published:2018/17/8
  • Toyota, Nissan maintain growth; Honda volume drops again
  •     --Published:2018/14/8
  • Toyota to build electrified vehicles in Tianjin
  •     --Published:2018/10/8
  • Honda recalls another 69,000 vehicles
  •     --Published:2018/10/8
  • Honda to recall 96,900 Avancier crossovers, checks 2 other models
  •     --Published:2018/7/8
  • Toyota zeros in on cost cuts, China as U.S. hurdles loom
  •     --Published:2018/7/8
  • Nissan to sell battery operations to China's Envision Group
  •     --Published:2018/7/8
  • Nissan nearing decision on new China assembly plant, CEO says
  •     --Published:2018/3/8
  • Nissan, Toyota see solid sales gains; Honda slump continues
  •     --Published:2018/10/7
  • Nissan cancels $1B sale of battery unit to China's GSR Capital
  •     --Published:2018/3/7
  • Toyota, pressed to innovate, trims marketing outlays
  •     --Published:2018/22/6
  • PSA to lease China assembly plant to Nissan, report says
  •     --Published:2018/22/6
  • Nissan, Toyota sales rise in May
  •     --Published:2018/8/6
  • Honda's sales slide on CR-V crossover engine glitch
  •     --Published:2018/5/6

    Our Newsletter Editions
    Automotive News China produces two email newsletters each week. You can sort your news by the articles highlighted in each of our newsletters here.

    Select your newsletter     


    Automotive News China
    Room 1303, Building 2, Lane 99, South Hongcao Road,
    Shanghai 200233
    Telephone: 86-139-1851-5816
    Fax: 86-21-6495-0895
    Home | Help Center | About Us | Privacy Policy | RSS
    Entire contents © Crain Communications, Inc.
    Use of editorial content without permission is strictly prohibited. All Rights Reserved.