For 2021, Honda Vietnam had sold 1.99 million motorbikes. 25% of which were Honda Vision, while Winner X accounted for 4.5% of sales.

On January 10, 2022, Honda Vietnam has just announced its motorcycle business results for December 2021 as well as for the whole year of 2021.

Accordingly, December 2021 witnessed a strong growth in Honda’s motorcycle business when the Japanese automaker sold 253,849 motorbikes to the market, up by 26% compared to November and 2.3% over the same period in 2020. Despite the prosperity in the last months of the year, Honda’s cumulative motorcycle sales in 2021 actually decreased compared to the previous year.

Specifically, in 2021, Honda Vietnam had sold 1,992,365 vehicles, -7% compared to the figure of 2,142,564 vehicles in 2020. This decrease had been predicted. All industries were affected by the complicated developments of Covid-19. However, a positive point from Honda Vietnam this year is that the export volume of CBU products has reached 213,492 units, a strong increase compared to 165,096 vehicles in 2020, equivalent to a growth of 31.9%.

In fiscal year 2022, Honda Vietnam has experienced 9 months of business operations with cumulative motorcycle sales at 1,459,819 vehicles, -7.4% over the same period last year. By the end of this March, the fiscal year 2022 of Honda Vietnam will end. It is uncertain whether the Japanese automaker can recover and achieve the set goal.

With sales of nearly 2 million motorbikes in 2021, Honda Vietnam continues to hold the largest market share in Vietnam at 79.9%. Honda Vietnam’s main product lines are still familiar names such as Wave Alpha and Vision.

In which, Honda Wave Alpha has cumulative sales of 376,514 vehicles, accounting for 18.9% of total motorcycle sales. However, this achievement is still not enough to surpass Honda Vision with sales of 490,613 units, accounting for 24.6% of sales. Honda Winner X clutch model also achieved good sales at 89,492 units, accounting for 4.5% of the company’s total motorcycle sales. In the last month of 2021, Honda Vietnam has also launched an upgrade for this model with many valuable upgrades.

Not only Winner X V3, Honda Vietnam also gives Vietnamese users various notable motorcycle models and upgrades in 2021. A total of 6 new Honda models have reached Vietnamese users in 2021, including:

1. SH 350i: High-class scooter assembled and manufactured domestically, born to replace the old SH300i
2. Lead 125: The Honda Lead upgrade was released in the last month of the year with a completely new engine and slight improvements in design.
3. CBR150R: The hand clutch model for beginners was imported and distributed by Honda at the end of September 2021.
4. Winner X: Released at the end of December with many improvements based on user feedbacks.
5. Africa Twin: This high-end Adventure Touring model was officially distributed by Honda Vietnam at the end of May 2021, competing against rivals such as Ducati Multistrada, BMW R1250GS, or KTM 1290 Super Adventure.
6. Gold Wing: New version of King of the road launched to Vietnamese customers in October 2021 with a larger storage box and improved sound system.