Honda Indonesia announces retail sales of 8,165 cars in March 2025 (down 23.7% YoY) Announced on April 15, 2025, PT Honda Prospect Motor recorded retail sales of 8,165 units in March 2025 in Indonesia, reflecting a 23.7% YoY decline but a 5.3% increase compared to the previous month.  The company highlighted strong performance in the SUV segment alongside sustained demand for compact cars. In March 2025, the Honda Brio remained the top-selling m...

News  Updated at: 2025/04/21

Honda Indonesia records sales of 8,757 cars in January 2025 (down 12.6% YoY) Announced on February 12, 2025, PT Honda Prospect Motor (HPM) started 2025 with retail sales of 8,757 cars recorded in January 2025 (down 12.6% YoY).  Leading all models was the Brio with 4,409 units, contributing 50.3% to Honda's total sales. Meanwhile, Honda's flagship SUV, the HR-V, recorded sales of 1,908 units. Honda BR-V recorded sales of 1,058 units, followed by ...

News  Updated at: 2025/02/18

Honda Indonesia keeps top 3 position in Indonesia in 2024 Announced on January 15, 2025, PT Honda Prospect Motor (PT HPM) ended 2024 with retail sales of 103,023 cars (down 19.5% YoY), maintaining its position in the top 3 auto brands in the Indonesian auto market.  Based on Gaikindo’s latest data, Honda’s market share in 2024 stood at 11.6%, down from 12.8% recorded in 2023. In the month of December alone, it sold 10,696 cars (down 4.6% YoY...

News  Updated at: 2025/01/17

Honda Brazil announces 27% sales increase during 2024 On January 9, Honda Brazil announced its 2024 results, achieving a 27% increase in sales compared to the previous year, with over 91,000 vehicles sold, the best performance since 2020. The best sold model in 2024 was the HR-V SUV, with over 50,000 units. During the year, key launches included the CR-V Advanced Hybrid, showcasing Honda’s e:HEV technology, and the New City lineup, offering adv...

News  Updated at: 2025/01/15

Honda sets target to sell 700,000 vehicles in Japan for FY 2025 Honda Motor Co., Ltd. (Honda) has set a new sales target of 700,000 units in Japan for the fiscal year that ends in March 2026 (FY 2025). The automaker will release new registered hybrid vehicle (HV) models such as the “Prelude” coupe and “CR-V” large SUV, expecting that it will achieve the same sales level as FY 2024. The company will also release a new compact electric vehi...

News  Updated at: 2024/12/13

Honda Indonesia records sales of 67,905 cars in first 8 months of 2024 (down 21.8% YoY) Announced on September 12, 2024, PT Honda Prospect Motor (HPM) noted a retail sale of 8,515 units in August 2024 (down 15.3% YoY). This achievement increased by 10.5% MoM, supported by its flagship SUV models. In August 2024, sales of Honda HR-V reached 1,523 units and the BR-V sold 842 units. The Honda WR-V recorded sales of 1,127 units and the CR-V sold 220 ...

News  Updated at: 2024/09/18

Honda Indonesia records sales of 51,681 cars in H1/2024, led by Honda Brio Announced on July 12, 2024, Honda's car sales in Indonesia during the first half of 2024 were led by the Honda Brio that sold 25,625 units or contributing around 49.5% of Honda’s sales. According to the Association of Indonesian Automotive Industries (Gaikindo)’s data, Honda recorded retail sales of 51,681 units in H1/2024, down 23.8% YoY. Honda HR-V recorded sales of ...

News  Updated at: 2024/07/16

Honda Indonesia records retail sales of 7,805 units in May 2024 (down 31.5% YoY) Announced on June 17, 2024, PT Honda Prospect Motor (PT HPM) Indonesia recorded retail sales of 7,805 units in May 2024 (down 31.5% YoY). It was ranked third in terms of car sales in Indonesia. In May, Honda Brio contributed around 54% of Honda’s total sales with 4,236 units. Meanwhile, the HR-V sold 1,248 units, followed by the WR-V with 1,012 units, and Honda BR-...

News  Updated at: 2024/06/21

GlobalData blog: ASEAN market report and outlook After Malaysia surpassed Thailand to become the second-largest Light Vehicle (LV) market in the ASEAN region in 2023, second only to Indonesia, our sales outlook requires careful consideration. In 2023, Malaysia’s total LV sales increased by 12% YoY to a record high of 793k units. Meanwhile, the Thai and Indonesian markets experienced 9% and 3% YoY declines, with sales reaching 756k and 929k unit...

News  Updated at: 2024/06/19

Honda Indonesia records retail sales of 10,706 units in March 2024 (down 26.7% YoY) Announced on April 23, 2024, PT Honda Prospect Motor Indonesia recorded total retail sales of 10,706 units in March 2024 (down 26.7% from 14,614 units recorded in March 2023). Sales in March 2024 grew 18.7% MoM, supported by increased consumer demand during the Eid period, especially for SUV models. Honda's SUV models recorded retail sales of 5,531 units in March....

News  Updated at: 2024/04/24

Honda announces investment of BRL 4.2 billion in Itirapina, Brazil On April 19, Honda announced that it will invest BRL 4.2 billion in the operation of cars in Brazil, more precisely in the Itirapina plant. The investment cycle covers the period 2024-2030. The contribution occurred after the meeting of the president of the automaker in South America, Arata Ichinose, with President Lula and the vice president of the republic, Geraldo Alckmin, in t...

News  Updated at: 2024/04/22

Nippon Goodyear’s tires selected for all-new Honda WR-V Nippon Goodyear Co., Ltd. (Nippon Goodyear, Minato Ward, Tokyo) announced that its EfficientGrip Performance tires have been selected as original equipment for the X grade of Honda Motor Co., Ltd.’s all-new WR-V SUV. The tire adopted for the all-new SUV is a high-performance comfort tire developed by Europe Goodyear and provides high performance in fuel efficiency and wet grip. (From an ...

News  Updated at: 2024/04/08

Honda Cars India launches India made SUV Elevate in Japan as WR-V On March 22, Honda Cars India Ltd. (HCIL), launched the Made-in-India Elevate SUV in the Japanese market under the brand name WR-V. It is the first time in HCIL’s business that a model is being exported from India to Japan. The model was unveiled as a Honda WR-V in Japan in December 2023. HCIL has been exporting models in its line-up to left-hand drive markets in Turkey, Mexico, ...

News  Updated at: 2024/03/26

Honda Indonesia records retail sales of 9,019 units in February 2024 (down 25.3% YoY) Announced on March 15, 2024, PT Honda Prospect Motor Indonesia recorded total retail sales of 9,019 units in February 2024 (down 25.3% from 12,069 units recorded in February 2023). Sales of Honda Brio contributed 4,418 units, followed by the HR-V which sold 1,605 units. The Honda WR-V sold 1,348 units, while sales of the BR-V reached 983 units. The Honda City Ha...

News  Updated at: 2024/03/19

Honda Indonesia sees 9.1% retail sales drop YoY with 10,019 cars in January 2024 Announced on February 20, 2024, PT Honda Prospect Motor (HPM) noted retail sales of 10,019 cars in Indonesia in January 2024 (down 9.1% YoY). Honda Brio and Honda HR-V contributed around 68% of its total sales. In January 2024, the Honda Brio sold 5,186 units, while the HR-V sold 1,624 units. Meanwhile, the WR-V recorded sales of 1,460 units, the BR-V sold 1,131 unit...

News  Updated at: 2024/02/23

Honda sells over 80,000 cars in Malaysia in 2023; leads non-national passenger vehicle segment again Reported on January 24, 2024, Honda Malaysia retained its top position in the Non-National Passenger Vehicle Segment for the 10th consecutive year since 2014.  As its sales exceeded 80,000 cars in 2023, the annual target was achieved, supported greatly by its dealers and the government.   Honda Malaysia said it saw gradual recovery and a positiv...

News  Updated at: 2024/01/26

Honda Indonesia records 2.1% retail sales growth with 128,010 cars in 2023 Announced on January 16, 2024, PT Honda Prospect Motor achieved retail sales of 128,010 units in 2023, representing an increase of around 2.1% from 2023. Sales of Honda SUV models contributed greatly at around 51.3%. In 2023, Honda’s highest selling SUV was the HR-V, as it sold 24,736 units. Sales of Honda BR-V reached 18,104 units, while sales of the WR-V and the CR-V r...

News  Updated at: 2024/01/18

Honda to begin sales of new WR-V SUV in Japan On December 21, Honda Motor Co., Ltd. announced that it will begin sales in Japan of a new SUV, the WR-V, on March 22, 2024, which will be available in three types with retail prices (including 10% consumption tax) ranging from JPY 2,098,800 to 2,489,300. The grand concept of the WR-V is the “Versatile Freestyler. Honda developed the new WR-V with the aim of creating a vehicle that will embrace and ...

News  Updated at: 2023/12/21

Honda Indonesia records retail sales of 10,165 cars in November 2023, down 16.2% YoY Announced on December 18, 2023, PT Honda Prospect Motor Indonesia recorded retail sales of 10,165 cars in November 2023, down 16.2% YoY (up 5.8% MoM). Honda’s models that contributed greatly to November sales included the Brio that sold 4,905 units, along with the HR-V and the WR-V that noted 1,537 units, and 1,428 units respectively. Meanwhile, Honda BR-V, sol...

News  Updated at: 2023/12/20

Honda Indonesia records retail sales of 9,611 cars in October 2023 (down 17.1% YoY) Announced on November 15, 2023, PT Honda Prospect Motor recorded retail sales of 106,637 units in the first 10 months of 2023, an increase of 6.7% YoY. The growth was supported greatly by sales of the Honda WR-V, the Brio, and the HR-V. In the month of October 2023 alone, Honda’s retail sales reached 9,611 cars (down 17.1% YoY). This was contributed by 534 units...

News  Updated at: 2023/11/20