Why was the Honda City discontinued?
1 Answers
The main reason for the discontinuation of the Honda City is poor sales. According to the sales trend chart of the City model in 2019, the sales of this car fluctuated significantly. Although the sales fluctuations were substantial, the average monthly sales were only around two to three thousand units, far less than its sibling model, the Honda Fit. Information about joint-venture vehicles is as follows: Introduction: A project jointly established by Chinese and foreign investors. The Chinese side contributes by providing land and factory usage rights, as well as capital, while the foreign investors provide the brand, technology, capital, talent, etc. Joint-venture vehicles are the products of such collaborations. The foreign side provides technology, talent, brand, etc., for assembly within the country, but the core technology is still controlled by the foreign side. Joint-venture brands under the FAW Group include: FAW-Volkswagen, FAW-Audi, FAW-Mazda (all produced in Changchun, Jilin), and FAW-Toyota (produced in Changchun, Jilin; Tianjin; and Chengdu, Sichuan).