The seventh largest car brand in the world and the fifth largest automaker in the U.S. has gone a long way since its humble beginnings. Once upon a time, they only offered inexpensive motorcycles and they’re still the largest motorcycle manufacturer in the world in both production volume and revenue, and they also stand out as the largest internal combustion engine manufacturer which is natural considering the sheer number of two and four-wheeled applications they’ve been putting on the market all these years. The 2021 Honda lineup is sure to further company’s proud tradition but with constant mergers in the automotive world, it’s hard to predict which position the brand will find itself in, even a year from now.
Honda’s global sales in 2019 grew by around 2.3 percent compared to previous year. In total, the Japanese have delivered more than 5.3 million vehicles in 2019 and around 5.2 million units in 2018. This is their best result to date and double the amount they’ve been producing at the turn of the millennium, only 15 to 20 years ago. The most important single markets for the brand are the Chinese market with 29 percent of total production being engulfed by it, and the U.S. market where 27 percent of Honda’s cars ultimately went.
Honda is also the only of top five car manufacturers in the U.S. to exhibit a growth in 2019 when compared to previous year. Although this increase amounts to meager 0.3 percent, that’s still a better result than losses experienced by the GM, Ford, Toyota, and FCA. The Nissan-Mitsubishi alliance (since Renault hasn’t been present on the U.S. market for decades now) recorded a 9 percent downturn, effectively allowing Honda to overtake them at fifth spot for 2019.
Honda’s global sales in 2019 grew by around 2.3 percent compared to previous year. In total, the Japanese have delivered more than 5.3 million vehicles in 2019 and around 5.2 million units in 2018. This is their best result to date and double the amount they’ve been producing at the turn of the millennium, only 15 to 20 years ago. The most important single markets for the brand are the Chinese market with 29 percent of total production being engulfed by it, and the U.S. market where 27 percent of Honda’s cars ultimately went.
Honda is also the only of top five car manufacturers in the U.S. to exhibit a growth in 2019 when compared to previous year. Although this increase amounts to meager 0.3 percent, that’s still a better result than losses experienced by the GM, Ford, Toyota, and FCA. The Nissan-Mitsubishi alliance (since Renault hasn’t been present on the U.S. market for decades now) recorded a 9 percent downturn, effectively allowing Honda to overtake them at fifth spot for 2019.
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