February 2024: Despite sharp decline in car sales, Honda still has 2 models in the Top best-selling cars of the month.
Honda Vietnam (HVN) has recently announced the retail sales figures for both the motorcycle and car businesses in February 2024, showing a negative growth trend in both segments.
For the motorcycle business segment, by the end of February 2024, the number of Honda bikes sold reached 120,499, a 47.0% decrease compared to the previous month and a 14.3% decrease compared to the same period last year. Specifically:
Similarly, the car business segment also experienced a significant decrease in sales. By the end of February 2024, a total of 1,264 cars were sold, a 37.5% decrease compared to the previous month and an 8.7% decrease compared to the same period last year. Specifically:
However, Honda Vietnam still had 2 car models in the top 10 best-selling cars of the month, which are the Honda City and Honda HR-V with sales of 640 units and 282 units respectively, ranking 3rd and 8th in the overall market.
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