Honda Vietnam sees increase in motorbike sale

Honda Vietnam (HVN) sold 2.03 million motorbikes in the fiscal year 2016 (which ended in March), 120,000 units more than the previous year, according to General Director of Honda Vietnam Minoru Kato.

honda vietnam sees increase in motorbike sale hinh 0
The figure accounts for 70% of the total domestic market with nearly 2.9 million motorbikes sold. 

In the reviewed period, HVN shipped abroad nearly 128,000 completely built units (CBU), up 40% from last year, generating US$293 million. 

The company is expected to earn US$312 million in 2017 from its motorbike exports, up 6.5% from the 2016 fiscal year. 

The Company said it plans to introduce several new models and versions to meet the market demand.

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