Honda Reveals Figures for 2022’s Remaining Quarter


First Harley-Davidson/LiveWire, then Polaris and Energica; now, it’s Honda’s flip to drag the covers on 2022’s ultimate quarterly figures.

In line with protection sourced from Detroit Information, Massive Crimson is exhibiting off a really tidy +27% in revenue from the months October-December. That interprets to a tough surplus of $44 million USD (based mostly on the corporate’s revenue rising from $1.46 billion to $1.9 billion USD). 

Naturally, Honda’s enhance in gross sales got here from the two-wheeled sector, with development logged in each main market, “together with Japan, North America and the remainder of Asia, particularly Indonesia, India and Vietnam.”

A view of some of Honda's available motorcycles. Media sourced from Honda.
A view of a few of Honda’s obtainable bikes. Media sourced from Honda.

In fact, highs don’t come and not using a few lows right here and there; for Honda, gross sales weren’t as robust in China (and different components of Asia) – however the firm’s drive to launch 30 bikes by 2030 may change that. 

We should always notice as effectively that the projected motion of the Japanese yen (¥) will probably assist Honda’s success for this quarter; inflation alone is quoted so as to add ¥269 billion ($2 billion USD) to Honda’s working revenue Jan-March, so ongoing annoyances with chip shortages and uncooked materials inflation will probably be higher absorbed for 2023, thank heavens.

A view of some of Honda's available motorcycles. Media sourced from Honda.
A view of a few of Honda’s obtainable bikes. Media sourced from Honda.

Right here’s the run-down of some further figures: 

See additionally

A beauty Indian Scout. Media sourced from The Business Journals.

2021 Honda Fiscal Figures

  • ¥707 billion / $5.3 billion USD made
  • Motorbike gross sales forecast logged at 18.43 million bikes
  • 17 million bikes bought
  • Automobile gross sales forecast logged at 4.1 million

2022 Honda Fiscal Figures

  • ¥725 billion / $5.5 billion USD made (+$200 million USD)
  • Motorbike gross sales forecast logged at 18.7 million bikes (+270,000 bikes)
  • 18.7 million bikes bought (+1.7 million bikes)
  • Automobile gross sales forecast logged at 3.85 million (-250,000 autos)

What do you suppose is in retailer for Honda’s figures this 12 months?

*Media sourced from Honda*