Honda Motor Co has reported a year-on-year increase in domestic first half production for the first time in four years, whilst production outside Japan grew for the first time in two, including all-time record production in Asia and China for the first half of a fiscal year.
The company said that worldwide production experienced a year-on-year increase for the first time in two years.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Japanese production grew 23% to 486,496 units in the six months, with production outside of Japan reaching 1,321,040 units, up 20.5%. Total worldwide production reached 1,807,536 units, up 21.3%.
In terms of sales, the domestic market experienced a year-on-year increase for the third consecutive year (since the fiscal year ended March 31, 2009). Total Honda brand sales hit 341,978 units, up 16.1%.
Fit was the Japanese market’s second best-selling car among new vehicle registrations for the first half of the current fiscal year, with sales of 90,074 units. Freed was the industry’s fifth best-selling car with sales of 51,075 units. Step WGN was the industry’s seventh best-selling car with sales of 43,335 units.
Total exports from Japan for the first half of the current fiscal year experienced a year-on-year increase for the first time in three years, up 44% to 165,243 units.
