Honda Motor Co. has reported total sales revenues for its worldwide motorcycle business as up by +3.5% (516.5bn yen) for its third quarter (ended December 31st 2018) and +6.1% (1,610.7bn yen) for the first nine months of its ’18-’19 financial year ending March 31st 2019.
For Q3, sales revenues for its motorcycle business were +9.8% in Europe at 516.5bn yen.
Its biggest gain came in its home market with revenues +17.5% for Q3 and +12.2% for the nine months, with motorcycle sales revenues +14.2% (25.9bn yen) for Q3 in Europe and +16.3% (139.1bn yen) for the nine months to date.
North American sales revenues were +4.8% for Q3 (41.2bn yen) and +1.6% YTD (139.1bn yen) for North America. Asian markets produced the majority of Honda’s motorcycle business sales revenues at 351.4bn yen (+3.0%) for Q3 and 1,071bn yen (+6.9%) YTD.
Total Honda Group unit sales were +5.9% worldwide at 15.7m units with Europe +8% YTD (181,000 units). Total unit sales (wholesale) in Asia were +6.6 % YTD at 11.36m units YTD - India is their largest market in Asia (4.4m units), followed by Indonesia (3.7m), Vietnam (2.1m) and Thailand (1.1m).
For Q3 total worldwide Honda Group unit sales (motorcycles, ATV, SxS etc) were +2.9% at 5m units, selling 40,000 in Europe, 66,000 in North America and 53,000 units in Japan.
