Honda’s North American cycle sales off sharply in its first quarter
July 27, 2007
Filed under Features
Honda Motor Co.’s North American motorcycle sales plunged 17 percent in its first quarter compared to the year-ago period, according to the company’s financial report.
Honda sold 44,000 motorcycles in North America in its first quarter, a period that ended June 30. In 2006, it sold 53,000 new bikes in the same time period, which was a 10 percent increase over 2005.
For its entire motorcycle segment, which also includes ATVs and PWC, Honda’s first-quarter sales fell 10 percent from a year ago.
For more on Honda’s financial report, read the Aug. 13 edition of Powersports Business.