Honda Vietnam’s car, motorbike sales surge in March

Last month, it sold 134,196 motorbikes, up 11.4% month-on-month, bringing the total motorcycles sales for the fiscal year 2024 (from April 2023 to March 2024) to 2,051,194 units, reflecting a year-on-year decrease of 12.2%, the company reported Thursday.

Honda Vietnam also exported 57,692 motorcycles in the review period.

With the above-mentioned sales, Honda Vietnam held more than 82.5% of motorcycle market share among Vietnam Association of Motorcycle Manufacturers (VAMM) members, experiencing a 1.6% rise compared with the previous fiscal year.

The company sold 2,832 cars of all kinds in March, marking a month-on-month increase of 124.1%, thereby, raising total car sales for the fiscal year 2024 to 25,553 vehicles, down 1% compared to fiscal year 2023.