Honda by the Numbers
The recent announcement by Honda that it has now produced 100 million automobiles worldwide is both a staggering statistic and a reflection of how far the Japanese manufacturer has come since the company’s formation in 1948.
However, there are many other interesting facts and statistics that highlight the sheer scale of Honda’s production history and its impressive sales figures over the last few decades. If you’re a sucker for statistics, read on to discover some more impressive numerical data.
The Honda Civic
Global sales of the Honda Civic recently reached 18.5 million, making this compact car the most commercially successful vehicle in the company’s lineup. It’s incredible to think that this figure represents nearly one-fifth of Honda’s total automobile sales, and that the company had considered quitting production of motor vehicles before the Civic became a success story.
Honda builds 14 million engines every year, making it the world’s largest manufacturer of internal combustion engines. The current Honda Civic comes with a choice between a 2-liter standard gasoline engine and a 1.5-liter turbocharged four-cylinder engine with 174 horsepower. The use of turbocharged engines seems to be a move by Honda designed to get more power and better fuel economy from their cars at a lower weight.
Back in 1970, when Honda was seriously considering ending its production of automobiles, the Japanese manufacturer had just a .04 percent share of the U.S. automobile market, selling 4,084 models in its lineup.
Fast forward to 2016, and Honda’s market share has increased to an impressive 8.42 percent for the 2016 model year. This increase in market share equates to more than 1.4 million sales in 2016, which is a 361-fold increase on the sales figures from 1970. The decision to continue manufacturing, along with the success of the Honda Civic shortly afterward, reaped great rewards for the company.
Acura, Honda’s luxury vehicle division, was Japan’s first-ever luxury car brand when it launched in 1986. Acura’s range of cars and SUVs are marketed as being built to deliver exhilarating performance and unrivaled comfort. The company’s flagship vehicle — the Acura Legend — was a major success story. Acura sold more than 200,000 Acura Legends, which inspired other manufacturers to launch their own luxury ranges.
Since the launch of that first luxury vehicle, Acura has consistently delivered impressive sales figures. In the decade spanning from 2005 until 2015, Acura sold more than 100,000 vehicles annually. These sales represent an impressive achievement for a luxury car brand, especially considering the impact of the 2008 recession on disposable incomes for U.S. citizens.
The above statistics and facts should have quenched your appetite for interesting numerical data about the Japanese manufacturer. It doesn’t seem likely that there will be any let-up in Honda’s dedication to continuing its reputation as one of the world’s most important automobile manufacturers, so you can expect to see even more statistics and records being broken as the company continues to develop.