Honda Vietnam has released its retail sales data for the motorcycle and automobile business in December 2023, showing strong growth in both sectors.
In the motorcycle business, Honda Vietnam (HVN) sold 229,411 motorcycles by the end of December 2023, marking a 36.2% increase compared to the previous month and a 10.4% decrease compared to the same period last year. The total motorcycle sales for the year 2023 reached 2,088,557 units, reflecting a 13.3% decline from 2022. HVN’s motorcycle market share in 2023 accounted for approximately 83.0% (calculated within the Vietnam Association of Motorcycle Manufacturers – VAMM), indicating a 2.8% increase from 2022. Here are the detailed figures:
In the automobile business, Honda sold 4,059 cars in Vietnam by the end of December 2023, signifying a 60.8% surge compared to the previous month and a 74.8% growth compared to the same period last year. The total car sales for the year 2023 amounted to 23,802 vehicles, indicating a 22.3% decrease from 2022. Here are the specific details:
Trang Nguyen (Forum.autodaily.vn)
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