Honda's latest financial report is out, and it covers all three main segments of Honda's international business: Automobiles, Motorcycles, and Power Equipment.
Of those, Automobiles and Motorcycles are the two biggest segments. Since this is RideApart, we're of course concerned with only one of these categories.
So, how are Honda's motorcycle sales doing? Quite well, actually, and I'll let the OEM speak for itself here via its most recent report. "Sales results in YTD (April through September 2024) exceeded the same period last year due to firm demand in India and an economic recovery in Vietnam, despite a decrease in Thailand related to an economic slowdown."
Motorcycle sales are up, and automobile sales are down. But overall, Honda recently adjusted its financial outlook for the entirety of FY2025, due in large part to the strength of its motorcycle sales for the first half of the year.
That's right; worldwide motorcycle sales are what's actually buoying up Honda's overall financial outlook, even though automobile sales have been slightly down as compared to the same period last year. Who says the people don't like motorcycles?
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Honda's Motorcycle Sales Are So Good, It Actually Adjusted Its Projections Up
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