Honda Motor Co., Ltd announced world production for the period January – July 2022. The automobile company registered 92 per cent growth in production around the world.
Honda Motor revealed production of 2,257,187 units during first seven months of current year.
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The production recorded 343,205 units in July 2022, up 106 per cent year on year (YoY).
The production in Japan grew by 98.4 per cent YoY in January – July 2022 to 373,833 units. Similarly, production in Japan increased by 97.3 per cent YoY in July 2022 to 61,568 units.
The report showed the production outside Japan climbed up by 90.6 per cent YoY in January – July 2022 to 1,883,354 units. Whereas, the production outside Japan surged by 108 per cent YoY in July 2022 to 281,637 units.
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Production in main region showed Asia took lead with 102.3 per cent YoY to 1,175,451 units during January – July 2022. It was followed by China, USA and North America.
The report said that production in Japan was first YoY decrease in three months. Whereas, production outside Japan was second consecutive months of YoY increase. Worldwide production was second consecutive month of YoY increase.
Total sales of Honda Motor in Japan recorded 92.6 per cent YoY in seven months of year 2022 to 341,227 units.
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The report showed total sales in Japan were first YoY decrease in two months. New vehicle registration was first YoY decrease in three months. Meanwhile, sales of mini-vehicles ware 12th consecutive month of YoY decrease.
Exports of Honda Motor registered 147.6 per cent YoY in January – July 2022 to 45,725 units. Europe was the leading market where exports jumped by 207.7 per cent. The company said that total exports from Japan were third consecutive month of YoY increase.
