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Home >> Business
UPDATED: 09:34, May 27, 2007
Honda Indonesia reports 13 pct surge in Q1 sales
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PT Honda Prospect Motor (HPM), the Indonesian subsidary of Japanese automotive giant Honda, sold 12, 500 vehicles in Indonesia during the first quarter of this year, a 13 percent increase from the same period last year.

Monthly sales in April showed a 21 percent increase to 3,754 vehicles from 3,084 in March.

SUV model the All New CRV and hatchback Honda Jazz are the two mainstays of the automotive company. The All New CRV, since it was first launched in January this year and the end of the first quarter, has sold 5,608 units, and controls 49 percent of the SUV market.

The Jazz, which was launched in early 2004 and is aimed at the youth market, sold 4,821 units during the same period, giving it an 11 percent share of the small MPV class, Jonfis Fandy, HPM director of marketing and after-sales service, was quoted Saturday by English daily The Jakarta Post as saying.

Besides these two mainstays, the Honda City and Honda Civic also put in good performances during the first quarter, holding 61 percent and 71 percent market shares in small and medium sedans.

As for the rest of 2007, Jonfis said that Honda would continue to focus on the Jazz and CRV.

Source: Xinhua


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