Honda has recorded its second straight year-on-year increase in vehicle production, as well as a huge year-to-date jump in exports in Asia alone. If this is any indication, it looks like the Japanese brand is set to have a fruitful 2018.
In a sales report by Honda, the summary of its monthly vehicle production showed that it had a record high of 182,183 units made in May 2018, 6.2% more than the same period last year. Interestingly, China has actually produced 111,525 of 182,183 vehicles that have come off the production line in Asia.
This brings the total year-to-date tally to 904,002 vehicles, also up by 4.1%. And similarly, China has led the way with a dominating 582,927 units of the year-to-date total.
Meanwhile, exports from Japan to other regions in Asia experienced a massive 44.2% dip with only 517 units shipped in May 2018 versus the May 2017. But despite the poor performance, the year-to-date total is still up by 35% or 5,594 units.
The record-breaking figures (mostly) may be attributed to the brand’s latest products in Asia such as the Jazz, BR-V, CR-V, the 2018 Amaze which launched in India earlier this year, and, of course, the Civic Type R.
With more products down the pipeline such as the facelifted HR-V, Honda could continue experiencing a blast for the rest of 2018.
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