Honda has recorded its second straight year-on-year increase in vehicle production, as well as a huge year-to-date jump in exports in Asia alone. If this is any indication, it looks like the Japanese brand is set to have a fruitful 2018.
In a sales report by Honda, the summary of its monthly vehicle production showed that it had a record high of 182,183 units made in May 2018, 6.2% more than the same period last year. Interestingly, China has actually produced 111,525 of 182,183 vehicles that have come off the production line in Asia.
This brings the total year-to-date tally to 904,002 vehicles, also up by 4.1%. And similarly, China has led the way with a dominating 582,927 units of the year-to-date total.
Meanwhile, exports from Japan to other regions in Asia experienced a massive 44.2% dip with only 517 units shipped in May 2018 versus the May 2017. But despite the poor performance, the year-to-date total is still up by 35% or 5,594 units.
The record-breaking figures (mostly) may be attributed to the brand’s latest products in Asia such as the Jazz, BR-V, CR-V, the 2018 Amaze which launched in India earlier this year, and, of course, the Civic Type R.
With more products down the pipeline such as the facelifted HR-V, Honda could continue experiencing a blast for the rest of 2018.
Hopefully, we get to have the new Honda vehicles in the Philippines really soon, especially the Amaze, and the 2019 Accord that was recently launched in Korea.
Latest News
-
Kia’s new Syros crossover makes its grand entrance / News
Kia unveils the new Syros subcompact crossover, the latest addition to its already comprehensive lineup of crossovers.
-
New Jetour Auto Dealership to rise in Iloilo / News
Jetour Auto Philippines has started building a new dealership in Jaro, Iloilo City. With plans to serve the growing demand for mobility in Western Visayas, the new dealership will feature a...
-
Ford Philippines offers exclusive deals this weekend / News
Ford Philippines invites you to enjoy exclusive deals and gifts for test drives or reservations, from December 20 to 22, 2024.
Popular Articles
-
Cheapest cars under P700,000 in the Philippines
Jerome Tresvalles · Sep 02, 2024
-
First car or next car, the Ford EcoSport is a tough package to beat
Jun 18, 2021
-
Car Maintenance checklist and guide – here’s everything you need to know
Earl Lee · Jan 12, 2021
-
Most fuel efficient family cars in the Philippines
Bryan Aaron Rivera · Nov 27, 2020
-
2021 Geely Okavango — Everything you need to know
Joey Deriquito · Nov 19, 2020
-
Family cars in the Philippines with the biggest trunks
Sep 20, 2023
-
Head to head: Toyota Rush vs. Suzuki XL7
Joey Deriquito · Oct 28, 2020
-
Why oil changes are important for your car
Earl Lee · Nov 10, 2020
-
2021 Kia Stonic — What you need to know about it
Joey Deriquito · Oct 16, 2020
-
Top 7 tips for buying a used car in the Philippines
Joey Deriquito · Nov 26, 2020