Honda motorcycle sales up 5.7 percent in fiscal Q3
February 15, 2013
Filed under News
Honda Motor Co. reported a 5.7 percent increase in worldwide motorcycle sales (including ATVs) in fiscal Q3 with 3.5 million units sold.
Sales in North America were up 29.2 percent to 62,000 units. The company attributed the increase to the positive impact of the CRF110F, CRF250L and NC700X introductions in the U.S., as well as a rise in sales of the CBR250R. However, sales of the Four Trax Foreman and Rancher decreased in the quarter. Asia was the only other region to see an increase in motorcycle sales, up 8.1 percent to 3.2 million units over the year-ago quarter.
Overall the company had a successful quarter, with net sales up 24.9 percent to ¥2.4 trillion ($25.9 billion). Operating income was up 197.8 percent to ¥131.9 billion ($1.42 billion), and net income attributable to Honda Motor Co. up 62.5 percent to ¥77.4 billion ($839.5 million).