Business · Companies · 13 hrs ago
Suzuki overtakes Honda as Japan's No. 2 automaker by global sales
Suzuki overtook Honda in global sales among Japan's eight major automakers in the April-September period, ranking second behind Toyota.
Suzuki sold a record 1.82 million vehicles, up 19.9% from a year earlier.
The company has strong sales in India, where it holds 40% of the passenger car market.
Honda's sales fell 4% to 1.66 million, with sales in China down by half.
Toyota remained the leader, but its sales fell 4% as weaker demand in China weighed on results; its sales there dropped 25.1%.
Across the eight automakers, global sales declined 1.3% to 11.83 million vehicles, amid stiff competition from Chinese automakers and growing electric vehicle sales in China.
The figures cover the first half of the automakers' fiscal year; no further steps or forecasts were given.
Suzuki overtook Honda to rank second among Japanese automakers in global vehicle sales during April-September.
Toyota remained first, while Suzuki recorded sales of 1,824,006 vehicles.
Suzuki's sales rose 19.9 percent from a year earlier, supported by stronger demand in India.
Honda's global sales fell 4 percent to 1,661,569 vehicles.
The eight automakers together sold 11.83 million vehicles worldwide, down 1.3 percent from a year earlier.
- Who
- Suzuki Motor overtook Honda Motor in global sales among Japanese automakers.
- What
- Suzuki ranked second, behind Toyota.
- When
- April-September, the first half of the fiscal year. The data were released Thursday.
- Where
- Worldwide.
- Why
- Suzuki's global sales rose 19.9 percent, amid stronger sales in India.
This story does not have two clearly opposing sides.
Suzuki ranked fourth among Japanese automakers in global vehicle sales.
Suzuki overtook Honda in global sales, ranking second behind Toyota.
Data from Japan's eight major automakers were released.
- Suzuki global sales
- 1,824,006 vehicles
- Suzuki sales growth
- 19.9 percent
- Honda global sales
- 1,661,569 vehicles
- Toyota global sales
- 5,059,014 vehicles
- Eight automakers' combined sales
- 11.83 million vehicles, down 1.3 percent year on year