Honda Malaysia sets 100,000-unit 2017 sales target

Honda Malaysia sets 100,000-unit 2017 sales target

Honda Malaysia has revealed its 2017 sales target of 100,000 units, in line with what the company expects would be a higher total industry volume (TIV) of 600,000 units – 10,000 higher than the Malaysian Automotive Association’s (MAA) own target of 590,000 units. If the Japanese brand does manage to achieve this target (an 8% increase over 2016), it would be the first time its sales hit six figures.

This follows from a sterling 2016 for the company, in which Honda became Malaysia’s second most popular automotive brand, buoyed by the launch of the new Civic and facelifted Accord. This is despite a challenging year for the industry as a whole, with the TIV dipping below the 600,000-unit mark for the first time in six years, at 580,124 units.

As a result of the industry’s slump, Honda Malaysia’s sales fell 3.2% from 94,902 units to 91,830 units. Even so, this meant a market share of 15.8%, the second highest in Honda’s global automotive operations.

To help it on its way to the 100,000-unit mark this year, Honda Malaysia will introduce at least four new models. One of these, the BR-V seven-seat SUV, has already been launched, while the facelifted City will go on sale soon, with order books already opened.

Group head vice president Akkbar Danial also teased that an incoming full model change for one of its SUV models, which can only be the new fifth-generation CR-V. The company has also confirmed that it will be launching a hybrid model, using its Intelligent Dual-Clutch Drive (Sport Hybrid i-DCD) powertrain – it already teased the Jazz Hybrid at an event last year.

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Jonathan Lee

After trying to pursue a career in product design, Jonathan Lee decided to make the sideways jump into the world of car journalism instead. He therefore appreciates the aesthetic appeal of a car, but for him, the driving experience is still second to none.

 

Comments

  • Once proton is dead and gone, Honda and all other manufacturers can reach the 100k mark by middle of the year

    Like or Dislike: Thumb up 14 Thumb down 7
    • Once P1 is gone, there will be a drop in others as well when MRTs, LRTs, and more buses comes online. At last we can breathe a cleaner environment

      Like or Dislike: Thumb up 6 Thumb down 1
    • Kunan Kinze on Feb 16, 2017 at 11:44 pm

      12,000 retrench proton staff. Kesian betul

      Like or Dislike: Thumb up 3 Thumb down 5
    • AutoFrenz (the original) on Feb 17, 2017 at 12:37 am

      The faster you go up the faster you will come down…expect a major crash soon…

      Like or Dislike: Thumb up 5 Thumb down 3
    • lilytan on Feb 17, 2017 at 9:52 am

      Perhaps lesson learned from honda here is to treat msian market seriously with attention and respect. No middleman, no one eye closed, no crap.

      Like or Dislike: Thumb up 1 Thumb down 0
  • tokmoh. on Feb 16, 2017 at 7:10 pm

    Cukur ekonomi negara pesat membangun.

    Like or Dislike: Thumb up 9 Thumb down 3
    • Namun RM tiap hari terjun.

      Like or Dislike: Thumb up 5 Thumb down 1
      • tokmoh. on Feb 17, 2017 at 9:11 am

        Itu bagus untuk eksport and tourism.

        Also, RM turun tidak menjejaskan rakyat kerana :
        1. BMW, Mercedes pecah sales record
        2. Honda jual more than Proton
        3. KFC, shopping mall selalu penuh
        4. iPhone, Samsung laku laris
        5. Cheesetart rm45 queue 3 jam.

        Cukurlah negara aman.

        Like or Dislike: Thumb up 6 Thumb down 3
        • anakMami on Feb 17, 2017 at 2:16 pm

          Cukurrr…Tepung susu bayi naik 3 kali ganda.

          Like or Dislike: Thumb up 3 Thumb down 2
          • Cukurr bayi dapat sus free dari ibu. Susu yg paling berkhasiat utk bayi.

            Like or Dislike: Thumb up 4 Thumb down 0
  • greentea on Feb 16, 2017 at 8:20 pm

    Expect Honda to finish second place again this year even if they only sell less than 100,000 mark. Probably sell between 90,000-95,000 subject to the current economic situation.

    Like or Dislike: Thumb up 1 Thumb down 5
  • Silthice on Feb 16, 2017 at 9:48 pm

    If Honda wants to achieve 125k easily just bring in Mobilio and Ridgeline to complete directly with Avanza and Hilux. This will help UMW to say goodbye to Toyota in Malaysia.

    Like or Dislike: Thumb up 3 Thumb down 1
  • PNB / UMW
    Perodua – 200k
    Toyota and Lexus – 60k
    Total 260k

    DRB
    Honda – 90k
    Proton – 70k
    Mitsubishi – 10k
    Audi – 10k
    Total 180k.

    UMW say its ok. Give DRB a chance because proton is losing million ringgit a day. They need Honda sales to recover the losses.

    Like or Dislike: Thumb up 1 Thumb down 4
    • Mikey on Feb 17, 2017 at 10:10 am

      LOL. john, looks like U have run out of excuses to defend your Gov !? like this type of logic also can defend ka ?!

      Like or Dislike: Thumb up 10 Thumb down 0
  • putra18r12 on Feb 18, 2017 at 12:31 pm

    will achieve target unless DRB reduce the price but how many car do u want to buy despite economy figure right now?

    Like or Dislike: Thumb up 0 Thumb down 0
 

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