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Honda Malaysia's sales is up 60% for H1 2022, on track to hit 80k target

Hans · Jul 28, 2022 03:31 PM

Honda Malaysia's sales is up 60% for H1 2022, on track to hit 80k target 01

Honda Malaysia has delivered over 39,000 cars in the first half of 2022, up 60 percent when compared to the same six-month period in 2021. From the six months, March was an incredibly strong month for Honda, with more than 10,500 units sold.

The results also gave Honda a 12 percent market share in Malaysia’s new car sales.

With this, Honda Malaysia is confident that it can hit its 2022 sales target of 80,000 units.

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Honda Malaysia's sales is up 60% for H1 2022, on track to hit 80k target 01

In terms of sales performance by models, the City was the best-selling model, contributing 39 percent to the total sales, followed by the City Hatchback and Civic at 23 percent and 18 percent respectively.

Notably, the City, City Hatchback, Civic and Accord were the No. 1 Non-National cars in their respective segments from January to May 2022.

Also read: Honda pushes Toyota aside to lead in B, C, and D segment cars - City range contributes 60% of sales

Honda Malaysia's sales is up 60% for H1 2022, on track to hit 80k target 02

Honda Malaysia Managing Director and Chief Executive Officer, Mr. Hironobu Yoshimura said, “Honda Malaysia started 2022 on a high note with the launch of the Civic in January, which left a strong impression in the market with its attractive and premium features. Recently in July, we kept the momentum going with the launch of our popular Compact SUV, the All-New HR-V. Since its launch, the all-new model, featuring exceptional styling and advanced technology, has received outstanding response from the market. The positive acceptance of the Honda models helped to boost our sales performance this year. We saw high demand in terms of bookings in the run up to the end of sales tax exemption on 30th June 2022, where more than 105,000 bookings were received in the first six months this year.”

Honda Malaysia's sales is up 60% for H1 2022, on track to hit 80k target 03

Honda Malaysia adds that it appreciates the support from the Malaysian Government for extending the sales tax exempted vehicle registration period to 31st March 2023.

The Company is working hard to ensure that the new cars are delivered to the customers in a timely manner while maintaining the highest quality. Honda Malaysia would like to express its heartfelt appreciation to all customers for their unwavering support, patience and understanding.

Hans

Head of Content

Over 15 years of experience in automotive, from product planning, to market research, to print and digital media. Garages a 6-cylinder manual RWD but buses to work.

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