Production, Sales and Export Results for March, 2024 and April 2023 - March 2024

Honda Motor Co., Ltd. today announced a summary of automobile production, Japan domestic sales, and export results for the fiscal year ended March 31, 2024 as well as for the month of March 2024.

World Production

  April 2023 - March 2024 March 2024
  Units YOY Units
April 2022 -
March 2023
Units YOY Units
Mar. 2023
Japan 706,846 109.9% 643,338 61,370 84.3% 72,759
Outside of Japan 3,411,005 107.3% 3,177,476 279,703 80.1% 349,000
Total 4,117,851 107.8% 3,820,814 341,073 80.9% 421,759

Production in Main Regions

  North America 1,605,323 128.5% 1,248,861 138,781 103.1% 134,665
  USA 1,029,492 118.8% 866,714 89,702 100.1% 89,614
  Asia 1,728,330 92.8% 1,862,823 134,804 65.3% 206,356
  China 1,169,695 89.5% 1,306,836 84,654 56.3% 150,244
April 2023 - March 2024
  • Production in Japan: 2nd consecutive year of YOY increase 
  • Production outside Japan: 1st YOY increase in 6 years
  • Worldwide production: 1st YOY increase in 5 years
March 2024
  • Production in Japan: 2nd consecutive month of YOY decrease
  • Production outside Japan: 2nd consecutive month of YOY decrease
  • Worldwide production: 2nd consecutive month of YOY decrease

Sales in the Japanese Market

  April 2023 - March 2024 March 2024
  Units YOY Units
April 2022 -
March 2023
Units YOY Units
Mar. 2023
Total 611,133 109.0% 560,606 73,321 101.7% 72,097
Registrations 311,850 118.9% 262,320 45,584 139.4% 32,705
Mini-vehicles 299,283 100.3% 298,286 27,737 70.4% 39,392
April 2023 - March 2024
  • Total sales in Japan: 1st YOY increase in 5 years
  • New vehicle registrations:1st YOY increase in 7 years
  • Sales of mini-vehicles:2nd consecutive year of YOY increase
March 2024
  • Total sales in Japan: 8th consecutive month of YOY increase 
  • New vehicle registrations: 7th consecutive month of YOY increase 
  • Sales of mini-vehicles: 3rd consecutive month of YOY decrease

Exports from Japan

  April 2023 - March 2024 March 2024
  Units YOY Units
April 2022 -
March 2023
Units YOY Units
Mar. 2023
  Total 93,909 128.8% 72,920 8,462 119.6% 7,073
  North America 5,542 281.6% 1,968 632 139.5% 453
  USA 5,354 288.9% 1,853 632 139.5% 453
  Asia 6,351 258.4% 2,458 263 48.1% 547
  Europe 59,194 104.4% 56,716 5,748 113.5% 5,066
  Others 22,822 193.8% 11,778 1,819 180.6% 1,007
April 2023 - March 2024
  • Total exports from Japan: 1st YOY increase in 2 years
March 2024
  • Total exports from Japan: 6th consecutive month of YOY increase