Honda Motorcycles Global Sales keep momentum. After a strike of four consecutive growing year, in 2024 sales reached a new all time record with 19.6 million sales globally, up 6.0% from the previous year.
McD tracks new vehicles registrations across the World (over 85 countries), reporting data on calendar year. When you wish to compare data reported by us to those declared by the manufacturers, consider they usually report their “sales” (vehicles invoiced), which are usually different from “registrations”, accordingly with their fiscal year split.
Honda Global Sales Trend
Honda Motorcycles is the global leader in the 2-Wheeler industry (scooter + motorcycles, not considering powersport segment) and in 2024 reported a shining performance.
The Japanese company were running an outstanding record trend when the arrival of covid19 breaked the growth with annual sales fallen back below the 15 million, losing near 5 million sales in a single year.
However the recovery was immediate and after a strike of four consecutive growing year, in 2024 sales reached a new all time record with 19.6 million sales globally, up 6.0% from the previous year.
Last year the company was able to take all the opportunities, with tremendous growth reported in India (+30.5), where it is the second best selling brand, with a gap over the leader any day more narrow and clearly aspiring to the leadership. Honda announced the plan to built the biggest plant in the word in India in the next 3 years, fully dedicated at electric vehicles.
The performance was shining in East Europe as well, with Turkish sales up 82.8%, Ukrainian up 106% and Bosnia up 111%, while in Western Europe sales declined moderately (-27%).
In North America sales improved 3.0%, while in the Latin America by 12.6%.
In the most relevant region, the ASEAN sales have been steady, losing 1.3%, due to the fall of Malaysia, Thailand and Myanmar.
