Honda Vietnam’s bike, vehicle income continue to drop in February

Honda Vietnam has reported its fall in motorbike and auto product sales at 36.8% and 7.3% respectively in February.

That is the second thirty day period in a row the enterprise recorded sale falls immediately after observing a expansion of just about 19% for bikes and 62% for the car very last December.

In February, it offered 140,669 motorcycles, down 36.8% in contrast to the past thirty day period. Especially, the sale of Wave Alpha – its greatest-seller semi-automated model, lowered by 42.6% in comparison to that in January.

Likewise, Vision – its finest-vendor scooter model – also noticed a income lessen of 34.9%, and Winner X clutch 27% when compared to the past thirty day period.

Previously, the Vietnam Association of Motorbike Brands (VAMM) forecasted that the Vietnamese motorcycle sector had entered a interval of saturation and was shifting from handbook transmission motorbikes to computerized types. At the moment, the automated transmission motorcycle traces account for a lot more than 45% of the current market share and will be a strongly increasing phase before long when Vietnam’s for each capita revenue improves.

In February, Honda Vietnam also exported 23,917 bikes.

Meanwhile, the Japanese producer very last thirty day period sold 1,385 cars, down 7.3% from the former month. Honda Town and Honda CR-V ongoing to be the two best-offering designs of Honda Vietnam with 1,235 motor vehicles, accounting for 89.2% of its whole car product sales in February.