Honda, Toyota SUVs outsell hybrid vehicles in Beijing

Article by Christian A., on August 25, 2010

A Bloomberg report states that in order to meet demand, Beijing dealers of Toyota and Honda vehicles would need more sport-utility vehicles. Meanwhile, hybrid models are said to be selling at a loss. At a Honda dealership in the capital city's Chaoyang district, customers would have to wait two months before the CR-V SUV arrives, enabling the outlet to charge a premium for the model. Customers are expected to not buy the Civic hybrid unless its 270,000 yuan ($39,550) sticker price is lowered.

General manager Chen Guang Jun of the Beijing Zhongye revealed that his Toyota dealership only has two RAV4 SUVs left in stock, which would have to be improved. So far, there have been no complaints received about Toyota's recall of certain modes in China to fix faulty gas pedals.

At the 2010 Beijing Auto Show, executives of Toyota and Honda both disclosed that they were unconcerned about the slowing down of China's sales growth if the tax cut is phased out at the end of this year.

The government tax breaks don't cover larger models but despite that, these cars are selling well in China. According to a deputy president of the joint venture with Dongfeng Motor Group, Honda's factory in Wuhan, central China, has gone on overtime to build 1,013 CR-Vs a day due to high demand for the SUV model.

If you liked the article, share on:

Pin It

Comments

Recommended

Top Gear has revealed that for its “Stars in a Reasonably Fast Car” segment, it will now be using a slightly enhanced Toyota GT86, which in the U.S. market is...
by - March 24, 2017
Porsche is laying aside any plans of pushing another hybrid hypercar into their line-up -- at least not at this time. Oliver Blume, Porsche Global Chief confirmed in a recent...
by - March 24, 2017
Since 1993, Lexus has produced 4 generations of the Lexus GS, with the GS F amongst its newest member of the family. Unfortunately, rumors are also heating up that the...
by - March 24, 2017
In a leaked image following a presentation held in China, we learned that Czech automobile manufacturer Skoda will soon unveil 2 more new SUVs in China, resulting in a four-model...
by - March 24, 2017
McLaren is said to be designing the next generation of Sports Series, which could include a V6 hybrid among its powertrain options. It was earlier reported that the British automaker...
by - March 24, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries