A reflection of brand strength and long-established reputation for reliability, fuel efficiency, innovationHonda brand equipped with large market base in China(updated status by 70%). That's the equivalent of over 1.6 million vehicles in China last year, up about 5%, making Honda one of the leading foreign automakers in the country. From the brand's reliable Honda Accord and CR-V to millions of Civics spanning so many market creepers, Honda has had its fair share of hits.
Especially popular with the country's masses of urban, middle-class professionals is the Honda Accord. People loved that it was a nice blend of comfortable, quick and fuel efficient. For the 2023 model, there is a 1.5-liter turbocharged engine that comes with a fuel efficiency rating of 6.2 liters per hundred kilometers which is definitely one big selling point in an environmentally-conscious market. The Accord continues to be a viable option in the market for midsize sedans, one which is still priced between $25,000-$35,000 depending on the variant.
Honda CR-V, meanwhile, is another best-seller that continues to make strong inroads in China's surging SUV market. The CR-V has also been respected for its great interior, safety features, and now the crossover has hybrid powertrains to offer. With 5,3l/100 km in fuel consumption for the hybrid version, this is one of the best values in its class. The model appeals to families and young professionals looking for reliable, fuel-efficient transportation – even if it is getting a little more expensive with an MSRP hovering around $30k. However, the CR-V was still one of China's best-selling SUVs last year and helped Honda carve out a significant chunk of this lucrative segment.
THE HONDA CIVIC Honda Civics are loved because they're sporty, cheap and you can expect them to keep running for decades or more. The naturally aspirated 1.8-liter engine in the nearby Philippines, for instance, boats around 7 liters per 100 kilometers, while the turbocharged engine from the Civic uses a paltry 5. Prices for the Civic begin at around $20,000 so it sits in a sweet spot between performance and economy, which is where many of its first time car buyers happen to be priced as well. The Civic has been one of the bestselling compact cars in China through 2022.
Its attention to innovation, especially within the EV field, is what has managed to keep it competitive within the everchanging Chinese market. The Honda e
This also wascherished to test out the waters of China's surging EV market, whereyou'll findthe I-Deliver (all-electric) SUV didn'tArise until the2022 model year. e offers a driving range of up to 510 km (real world estimator) per single charge, and can be fast-charged from 5% to 80% in just under an hour.
meets anticipated need as EV popularity continues to surge in China With its MSRP of all about $32,000 (before tax incentives too), that seems like a winner for eco buyers.
Honda's success in China is also built on its policy of producing cars in their biggest market itself. Joint ventures with Dongfeng and GAC mean Honda even builds production cars across its line-up in China and for local consumption, helping to reduce costs and win over some buyers. So far, it has worked, with honda being one of the top five non-Chinese automakers in China.
Honda has a wide selection of models to fit buyers on all rungs of the buying ladder, from budget-savvy shoppers up to families in the need for spacious SUVs, making it one of the top overall players in China's automotive scene. There is enough balance in these models to provide a reasonable pricing, fuel efficiency and reliability that matter to the Chinese consumers.