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 accordance with protection sourced from Detroit Information, Large Purple is displaying off a really tidy +27% in revenue from the months October-December. That interprets to a tough surplus of $44 million USD (primarily based 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 progress logged in each main market, “together with Japan, North America and the remainder of Asia, particularly Indonesia, India and Vietnam.”
After all, highs don’t come with out a few lows right here and there; for Honda, gross sales weren’t as sturdy in China (and different components of Asia) – however the firm’s drive to launch 30 bikes by 2030 might change that.
We should always word as properly 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.
Right here’s the run-down of some further figures:
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2021 Honda Fiscal Figures
- ¥707 billion / $5.3 billion USD made
- Bike gross sales forecast logged at 18.43 million bikes
- 17 million bikes bought
- Car gross sales forecast logged at 4.1 million
2022 Honda Fiscal Figures
- ¥725 billion / $5.5 billion USD made (+$200 million USD)
- Bike gross sales forecast logged at 18.7 million bikes (+270,000 bikes)
- 18.7 million bikes bought (+1.7 million bikes)
- Car 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?
