JOURNAL ARTICLE

Honda Sets Its Sights on 50% Share of World's Motorcycle Market.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Takahashi, Nicholas; Inajima, Tsuyoshi 3 of 3

Abstract

Honda Motor Co. aims to secure 50% of the global motorcycle market, with industry projections estimating 60 million annual sales of both gas and electric two-wheelers by 2030. The company's current global motorcycle sales are expected to reach 20.2 million by March, with a 40% market share. Honda's growth strategy focuses on the Global South, including India, Indonesia, the Philippines, Brazil, and other countries in South and Central America. The company plans to introduce 30 e-models globally by 2030 and establish an electric motorcycle plant in India by 2028, while also addressing challenges such as rising living costs and stricter emissions regulations. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/01, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2025
  • Accession Number:182504863
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