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Honda cuts China sales target to 800,000 vehicles as sales decline

Published 04/11/2014, 06:51
Updated 04/11/2014, 07:01
© Reuters A logo of Honda Motor Co is seen on a car outside the company's showroom in Tokyo
HMC
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SHANGHAI (Reuters) - Honda Motor Co Ltd (T:7267) cut its 2014 China sales target to above 800,000 vehicles from a previous target of around 900,000, a China-based spokesman said on Tuesday.

© Reuters. A logo of Honda Motor Co is seen on a car outside the company's showroom in Tokyo

The revision comes as Honda and its two Chinese joint ventures posted a drop in October sales, the fourth consecutive monthly sales decline in the world's biggest auto market.

(Reporting by Samuel Shen and Adam Jourdan; Editing by Miral Fahmy)

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