Q&A

Honda Sets First Half of Fiscal Year Records for Automobile Production Worldwide, Overseas

Honda Motor Co., Ltd. today announced a summary of automobile production, Japan domestic sales, and export results for the first half of the current fiscal year (April 2017-March 2018) and the month of September 2017.

Worldwide Production

September 2017

1st Half of Fiscal Year 2017
(Apr.-Sep. 2017)

Units

vs.’16

Units

vs.’16

Japan

70,094

-6.8%

382,378

+3.5%

Outside of Japan

385,169 *1

+2.9%

2,174,621 *4

+4.4%

Worldwide Total

455,263 *1

+1.3%

2,556,999 *3

+4.3%

*1 Record high for the month of September
*3 Record high for first half of fiscal year
*4 Record high for any half of fiscal years

Production Outside of Japan

September 2017

1st Half of Fiscal Year 2017
(Apr.-Sep. 2017)

Units

vs.’16

Units

vs.’16

North America

148,069

-11.9%

902,722

-8.8%

 (USA)

95,646

-13.0%

588,358

-9.4%

Europe

14,511

+11.1%

76,560

+22.2%

Asia

207,678 *2

+15.3%

1,108,903 *4

+15.2%

(China)

136,518 *2

+18.8%

721,079 *4

+23.5%

Others

14,911

+12.4%

86,436

+27.0%

Overseas Total

385,169 *1

+2.9%

2,174,621 *4

+4.4%

*1 Record high for the month of September
*2 Record high for any month
*4 Record high for any half of fiscal years

The First Half of Current Fiscal Year

Production in Japan for the first half of the current fiscal year experienced a year-on-year increase for the second consecutive year (since the fiscal year ended March 31, 2017).

Production in regions outside of Japan for the first half of the current fiscal year experienced a year-on-year increase for the sixth consecutive year (since the fiscal year ended March 31, 2013), setting record high production for any half of fiscal years. This includes record high production in Asia, and China.

Production worldwide for the first half of the current fiscal year experienced a year-on-year increase for the sixth consecutive year (since the fiscal year ended March 31, 2013), setting record high production for the first half of fiscal year.

September 2017

Production in Japan for the month of September 2017 experienced a year-on-year decrease for the first time in two months (since July 2017).

Production in regions outside of Japan experienced a year-on-year increase for the fifth consecutive month (since May 2017), setting record high production for the month of September. This includes record high production for any month in Asia and China.

Worldwide production experienced a year-on-year increase for the fifth consecutive month (since May 2017), also setting record high production for the month of September.

Sales in the Japanese Market

Vehicle type

September 2017

1st Half of Fiscal Year 2017
(Apr. – Sep. 2017)

Units

vs.’16

Units

vs.’16

Registrations

37,411

-1.7%

180,903

+1.6%

Mini-Vehicles

38,592*

+20.4%

152,210

+6.0%

Honda Brand Total

76,003

+8.4%

333,113

+3.6%

*Record high for the month of September

The First Half of Current Fiscal Year

Total Japan domestic market auto sales for the first half of the current fiscal year experienced a year-on-year increase for the first time in three years (since the fiscal year ended March 31, 2015).

New vehicle registrations for the first half of the current fiscal year experienced a year-on-year increase for the first time in three years (since the fiscal year ended March 31, 2015).

Sales of mini-vehicles for the first half of the current fiscal year experienced a year-on-year increase for the first time in four years (since the fiscal year ended March 31, 2014).

September 2017

Total domestic automobile sales in the Japanese market for the month of September 2017 experienced a year-on-year increase for the third consecutive month (since July 2017).

New vehicle registrations experienced a year-on-year decrease for the first time in three months (since June 2017).

Sales of mini-vehicles experienced a year-on-year increase for the first time in two months (since July 2017), also setting record high sales for the month of September.

<Vehicle registrations – excluding mini-vehicles>
FREED was the industry’s fourth best-selling car among new vehicle registrations for the month of September 2017 with sales of 10,808 units. FIT was the industry’s fifth best-selling car with sales of 8,814 units.

<Mini-vehicles – under 660cc>
N-BOX was the industry’s top-selling car in the mini-vehicle category for the month of September 2017 with sales of 26,983 units. N-WGN was the industry’s tenth best-selling car with sales of 6,714 units.

Exports from Japan

September 2017

1st Half of Fiscal Year 2017
(Apr. – Sep. 2017)

Units

vs.’16

Units

vs.’16

North America

878

-89.6%

11,115

-71.5%

 (USA)

849

-89.9%

6,481

-83.2%

Europe

1,436

-45.0%

14,915

-20.8%

Asia

1,175

-32.9%

5,718

-28.6%

Others

509

-36.3%

3,785

-29.6%

Total

3,998

-70.7%

35,533

-50.1%

Total exports from Japan for the first half of current fiscal year experienced a year-on-year decrease for the first time in three years (since the fiscal year ended March 31, 2015).

Total exports from Japan in September 2017 experienced a year-on-year decrease for the fourth consecutive month (since June 2017).

Also view:

Vehicle Finance, Car Insurance and Road Safety

Buying and Selling a Vehicle – Informed decisions and the Vehicle Retailer

The Online Vehicle Retail Market and Safely Selling Vehicles Online

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