Honda Motor Statistics and Facts Last updated on: October 13, 2022

Honda Motor Statistics: Honda Motor Co., Ltd. is engaged in the development, manufacturing, and distribution of motorcycles, power products, automobiles, and other products worldwide. The company’s shares trade on the Tokyo Stock Exchange, and New York Stock Exchange, as well as exchanges in Nagoya, Osaka, Sapporo, London, Paris, Kyoto, Switzerland, and Fukuoka. In addition, the company sells spare parts and offers after-sale services through retail dealers or independent distributors. The company has over 89 plants in 33 countries worldwide. These plants are located in China, the US, Pakistan, Canada, the UK, Belgium, Japan, Brazil, Mexico, Malaysia, New Zealand, Indonesia, Philippines, India, Thailand, Turkey, Vietnam, Peru, Argentina, and Taiwan.

Honda’s Approach to the New Business Environment:

• Artificial Intelligence
  • Softbank (Emotion Engine)
  • Kyoto University
  • Boston University (Information Security)
• New Organizational Structure
  • R&D Center X
  • Honda Xcelerator – Global expansion
• Car Sharing
  • Reach Star (China)
  • Grab (Asia)- Motorcycles
• Connectivity
  • Softbank (5G Mobile Communication System)
  • Alibaba (Honda CONNECT)
• Autonomous Driving
  • SenseTime
  • Cruise/General Motors
  • Waymo
• Electrification
  • Hitachi AMS (EV Motor)
  • Neusoft (China EV)
  • General Motors (EV Battery, FC Stack)

Honda – Total Revenue, in US$ Billion, 2009 – 2020

History:

1948: The Honda Motor Co., Ltd. was established and began manufacturing bicycle auxiliary engines in a small factory in Hamamatsu, Japan

1949: First mass production of motorcycles started

1952: Began exporting motorcycles to Taiwan, followed by the Philippines and the US

1954: First entry into the overseas race and First Scooter Juno K-type was introduced

1958: Supercub C100 was introduced

1972: The first production of the motocross model was established

1973: The R&D Center was launched

1974: Honda launched its 999 cc Gold Wing GL1000 in the American market

1979: Honda established a motorcycle production subsidiary in Nigeria

1992: CB900RR (Fireblade) was introduced

1994: Electric scooter was introduced

1997: Honda began to knockdown production in Taiwan

1998: First adoption of PGM-FI technology in a motorcycle

2005: Introduced motorcycle airbag system

2008: Launched combined ABS for vehicles

2009: Motorcycle Dual Clutch Transmission was introduced

2014: RC213V-S bike was launched globally

2015: HondaJet received United States Federal Aviation Administration (FAA) certification, and began delivery to customers 

2016: Honda announces Clarity Fuel Cell

2016: Honda’s worldwide cumulative automobile production reaches the 100 million milestone

2017: Hitachi Automotive Systems and Honda Establish Joint Venture for Electric Vehicle Motors

2018: Honda Advances its Global Open Innovation Initiative with New VC Partners

2018: Honda to Begin Lease Sales of Electric Scooter “PCX ELECTRIC”

2018: Honda Inaugurates New Motorcycle Factory in Bangladesh

2018: Honda Aircraft Company Begins HondaJet Elite Deliveries

2018: Honda to Begin Sales in Japan of Clarity PHEV, New Plug-in Hybrid model

2018: Honda and Panasonic to Begin Research Experiment on Battery Sharing Using Detachable Mobile Batteries and Electric Motorcycles in Indonesia.

2018: Honda to Launch Motorcycle Hybrid System-equipped PCX HYBRID Scooter Pursuing a New Joy of Mobility.

Segment Overview:

The company operates through four key business segments namely: Motorcycle Business, Automobile Business, Power Product and Other Businesses, and Financial Services Business

1. Motorcycle Business – The company manufactures a range of motorcycles. Honda uses internal combustion motorcycle engines developed by the company that is based on air-or water-cooled, and are in two, single, four, or six-cylinder configurations. Honda’s motorcycle business consists of sports vehicles such as off-road, all-terrain vehicles (ATVs), trial and motocross racing, and side-by-side (SxS).
2. Automobile Business – The company offers a wide range of engines such as gasoline-electric hybrid systems, gasoline-electric plug-in hybrid systems, and diesel engines. In addition, it provides alternative fuel-powered vehicles such as battery-electric, fuel cell vehicles, and ethanol. Through its automobile business segment, the company offers products such as light trucks, mini-vehicles, and passenger cars.
   • Passenger car models such as Accord, Civic Tourer, Amaze, Brio, Brio Amaze, Accord Hybrid, Brio Satya, City, Civic, Civic Type R, and many others
   • Light truck models such as BR-V, CR-V, Elysion, Crosstour Odyssey, Odyssey Hybrid, Pilot, Acura MDX, Vezel Hybrid, Step WGN, Vezel/HR-V, XR-V, and Acura RDX
   • Mini vehicles models such as N-WGN, S660, Acty, N-BOX Slash, N-BOX +, N-ONE, Vamos, and N-BOX
3. Financial Services Business – Through this segment, the company offers financial services to its dealers and customers via its subsidiaries in countries such as Japan, the US, Germany, Canada, the UK, Thailand, and Brazil
4. Power Product and Other Businesses – Under this segment, the company is engaged in manufacturing a wide range of power products such as general-purpose engines, generators, outboard marine engines, riding mowers, water pumps, grass cutters, tillers, brush cutters, snow blowers, lawn mowers, power carriers, pressure washers, and sprayers.

Honda – Motorcycle Segment Revenue, in US$ Billion, 2009 – 2021

Production Data of Honda – Global Unit Sales for the Fiscal Year Ended March 31, 2021

• Global Total Units – 25.30 Mn Units
  • Motorcycles – 15.13 Mn Units
  • Automobiles – 4.55 Mn Units
  • Power Products – 5.62 Mn Units
• North America – 4.43 Mn Units
  • Motorcycles – 0.33 Mn Units
  • Automobiles – 1.48 Mn Units
  • Power Products – 2.62 Mn Units
• Japan – 1.14 Mn Units
  • Motorcycles – 0.22 Mn Units
  • Automobiles – 0.59 Mn Units
  • Power Products – 0.33 Mn Units
• Europe, Middle East & Africa – 1.26 Mn Units
  • Motorcycles – 0.23 Mn Units
  • Automobiles – 0.10 Mn Units
  • Power Products – 0.93 Mn Units
• Asia– 16.97 Mn Units
  • Motorcycles – 2.25 Mn Units
  • Automobiles – 1.40 Mn Units
  • Power Products – 13.32 Mn Units
• Other Regions– 1.5 Mn Units
  • Motorcycles – 1.03 Mn Units
  • Automobiles – 0.13 Mn Units
  • Power Products – 0.34 Mn Units

Honda – Global Motorcycle Production, in Thousands of Units, 2006-2015

Honda – Total Number of Motorcycles Sold Worldwide, in Thousand Units, 2010 – 2021

Honda – Total Passenger Cars Production Worldwide, in Million Units, 2004 – 2020

Honda – Total Number of Vehicles Sold Worldwide, in Thousand Units, 2010 – 2021

Honda – Total Advertising Spending in the US, in US$ Billion, 2007 – 2020

List of Subsidiaries:

Monthly Data on Production(2020)

Monthly Data on Production(2021)

News:

• In the Year 2021, Contracts/Agreements; In January, Honda Motor along with Cruise and General Motors entered into a collaboration for an autonomous vehicle mobility service business in Japan
• In the Year 2021, Contracts/Agreements; In March, Honda signed a letter of intent with KTM AG, Piaggio & C SpA and Yamaha Motor Co. to set up a swappable batteries consortium for motorcycles and light electric vehicles
• In the Year 2021, New Products/Services; In March, Honda introduced the Honda City Hatchback RS for the first time in Indonesia
• In the Year 2021, Plans/Strategy; In March, Honda announced its plan to launch two electric SUVs in the US
• In the Year 2021, Plans/Strategy; In March, Honda announced its plans to increase its investment in Indonesia
• In the Year 2021, Contracts/Agreements; In March, Honda entered into an agreement to sell the Swindon factory to an industrial property developer, Panattoni
• In the Year 2021, Contracts/Agreements; In March, Honda Motor along with Kawasaki, Yamaha, and Suzuki entered into a partnership to make electric two-wheelers more affordable and accessible
• In the Year 2021, New Products/Services; In March, Honda launched the BS6 CBR650R sports bike and CB650R neo-cafe racer in India
• In the Year 2021, Contracts/Agreements; In April, Honda and Verizon entered into a partnership to research how 5G and mobile edge computing could improve safety for connected vehicles
• In the Year 2020, Contracts/Agreements; In February, Honda Motor’s subsidiary, Honda Motorcycle & Scooter India entered into a MOU with Pine Labs to install POS machines across its dealerships pan India
• In the Year 2020, Contracts/Agreements; In April, Honda Motor and General Motors entered into a partnership to develop two new all-electric vehicles for the Japanese automaker
• In the Year 2020, Contracts/Agreements; In April, Honda Motor’s Honda Motor Europe division and SNAM expanded their partnership to recycle end-of-life batteries from hybrids and electric vehicles in Europe
• In the Year 2020, Contracts/Agreements; In April, the company collaborated with Dynaflo Inc. to accelerate ventilator production
• In the Year 2020, New Products/Services; In June, the company’s subsidiary, Honda Cars Philippines Inc. launched the Auto Loan Link page on its official website to help customers to apply for an auto loan with the brand’s official bank partners
• In the Year 2020, New Products/Services; In June, Honda launched its new SUV CR-V car in Japan
• In the Year 2020, Contracts/Agreements; In June, the company along with General Motors entered into a partnership with Fuel Cell System Manufacturing to produce hand sanitizers for its employees and healthcare facilities
• In the Year 2020, Contracts/Agreements; In June, Honda Motor along with General Motors entered into a partnership with Fuel Cell System Manufacturing to produce hand sanitizer for its employees and healthcare facilities
• In the Year 2020, Contracts/Agreements; In July, Honda Motor and Contemporary Amperex Technology entered into a strategic alliance for the development of batteries for new energy vehicles
• In the Year 2020, Plans/Strategy; In July, the company announced its plans to acquire a 1% stake in Contemporary Amperex Technology to jointly develop EV batteries
• In the Year 2020, New Products/Services; In July, Honda Motorcycle and Scooter India launched an online booking platform for contactless customer engagement
• In the Year 2020, New Products/Services; In July, the company announced the launch of the fifth-generation Honda City in India
• In the Year 2020, New Products/Services; In June, Honda Motorcycle and Scooter India introduced the new Grazia BS-VI scooter in India
• In the Year 2020, Contracts/Agreements; In July, Honda’s subsidiary, Honda Atlas Cars (Pakistan) Ltd. entered into an agreement with United Bank Limited (UBL) to offer exclusive benefits to customers
• In the Year 2020, Regulatory Approval; In August, Honda Motor along with Hitachi Ltd. secured the Competition Commission of India approval to form a joint venture.
• In the Year 2020, New Products/Services; In August, Honda Motor announced to launch of its first mass-produced electric vehicle, Honda e, in Japan
• In the Year 2020, Contracts/Agreements; In September, Honda Motor and General Motors entered into an MOU to establish a North American automotive alliance to collaborate on vehicles and share purchasing costs
• In the Year 2020, New Products/Services; In October, Honda Cars India introduced the special edition of its compact sedan Amaze
• In the Year 2020, Contracts/Agreements; In November, the company and Scooter India entered into a partnership with Repsol Lubricants for the launch of Honda Repsol Moto Biker and Moto Scooter engine oil in India
• On 30 June 2019, the company delivers the first two HondaJet Elites to Hawaii, US
• On 28 June 2019, MONET Technologies Inc. announced partnership agreements with Isuzu Motors Limited (Isuzu), Subaru Corporation (Subaru), Suzuki Motor Corporation (Suzuki), Mazda Motor Corporation (Mazda), and Daihatsu Motor Co., Ltd. (Daihatsu)
• On 21 June 2019, PT Astra Honda Motor (AHM) launched Honda Genio – which is a casual fashionable AT Scooter
• On 16 April 2019, the company exhibited the X-NV Concept Vehicle – which is a model of a China-exclusive Electric Vehicle (EV), at the Auto Shanghai 2019
• On 28 January 2019, the company and Zipcar, which is a US-based car-sharing company, announced an expansion of their strategic mobility partnership, under which new Honda vehicles will be added to Zipcar’s already diverse and expanding fleet.
• On 8 January 2019, the company, in collaboration with various consumer brands and retailers, focused on the development of a new in-vehicle experience, in order to deliver next-generation infotainment, commerce, services, and rewards to drivers and passengers.

Honda Unit Sales and Principal Operation Bases

Future Plans:

• Honda has unveiled its ‘2030 Vision’ that reveals the future path for the Japanese auto major. The company has revealed that it will heavily emphasize the development of technologies for mobility products, energy, and robotics under this plan. It announced in a release that it will focus on electrified mobility products to achieve a zero-carbon society. Users can expect a wide range of fully electric, hybrid, and other environment-friendly power-driven vehicles from the company in the future under its ‘2030 Vision’
• Honda presents its 2030 Vision strategy, which aims to have a Level-4 self-driving car by 2025
• The company announced a plan to launch autonomous vehicles by 2020. This will enable a vehicle to drive in multiple lanes on highways without any command from the driver
• The company announced a plan to establish level 4 autonomous driving technology for private car users by 2025
• The company announced a plan to electrify two-thirds of global automobile unit sales by 2030

Fun Facts:

• The name of the company’s first SUV was Passport
• Honda Motor Co., Ltd. owns an airport in Japan, which is located near its manufacturing plants
• The first hit song from The Hondells was titled, ‘Little Honda’
• Honda originally manufactured motorized bicycles
• Honda is engaged in the manufacturing of other products such as watercraft, ATVs, aircraft, mountain bikes, lawn equipment, and solar cells
• The company manufactures over 14 million engines a year
• ‘The power of dreams is the official slogan of the Honda brand
• The Accord Was the First Foreign Vehicle Made in the US
• The CR-V Was Made to Picnic.

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