Honda's Indiana Plant (reference image)

Honda achieves record-high 2.45 million units in global production; 2016 first-half results

Honda Motor Company announced its results of automobile production, sales and exports for the first half (April to September) of fiscal 2016. According to these results, global production grew for the fifth year in a row, as it climbed 7.9% yoy, to 2,452,665 units, resulting in record-high first-half production for the fourth consecutive year.

Production outside of Japan went up 7.1% yoy, to 2,083,339 units, as it recorded a surplus for the fifth straight year. Record highs for first-half production were recorded in North America, Asia and China. Domestic production recorded a surplus for the first time in two years, as it climbed 13.2% yoy, to 369,326 units.

Domestic sales declined for the second straight year, falling 2.7% yoy, to 321,683 units. Registrations fell 4.1% yoy, to 178,068 units, while mini cars recorded a 1.1% decline, to 143,615 units.

Exports grew for the second year in a row, soaring 191.8% yoy, to 71,181 units. The substantial increase resulted mainly from the start of production of the Fit for the US and European markets.

(Translated by Masayuki Shikata)