Honda cuts 2011 China car sales target by 13% | CarNewsChina.com ...

Published on July 21, 2011 by Tycho

Honda Motor Co supposed on Wednesday it was cutting its 2011 car similar aim for China by 13 proportion as Japans earthquake and tsunami in March disrupted its provide chain and compulsory manufacture cutbacks, Reuters reported.

Honda lowered its similar aim for China to 638,000 cars, downward as of its first aim of 731,500, and 2 proportion inferior supposed its 2010 sales, the account said.

Honda fake not provide a calendar day aim for worldwide sales. It expects to sell 3.3 compensation cars for the monetary day to March, 6 proportion inferior as of previous year.

Honda previous month forecast a worse-than-expected 65 proportion drop in yearly operating profit, bracing itself after that to a physically powerful yen and increasing raw resources prices, the account said.

It supposed it expects manufacture in China to regularize by the end of July and so as to it determination ramp up output in the next semi of the year, but determination not be clever to completely offset the lost production.

Via: ChinaDaily.