Copyright FOURIN, Inc. 2023
Honda Motor’s 2022 Sales Results of Automobiles in Japan
Honda Motor’s automobile sales in Japan decreased by 2.0% year-on-year to 568,003 units in 2022, but its market share inched up by 0.5 points to 13.5%. It was the first time in four years that Honda’s domestic market share increased. Standard vehicle sales dropped 1.9% to 269,034 units, but Honda’s share in the standard vehicle market went up 0.7 points to 10.5%. Meanwhile, mini vehicle sales fell 2.1% to 298,969 units and the automaker’s market share of mini vehicles declined 0.2 point to 18.3%. Looking at monthly sales, in the first eight months of 2022, apart from January and June, sales dropped below the same month of the previous year. However, starting from September sales exceeded the same month of the previous year.