• Bikes for Sale
  • News
  • Buyer’s guide
    • Buy a Motorcycle
    • First Rides & Reviews
    • Specs, Prices & Others
  • Lifestyle
    • Concepts & Custom
    • Electric Motorcycles
    • Events
    • Motorsport
    • Tips & Stories
    • Travel
  • Locals
imotorbike logo
  • Bikes for Sale
  • News
  • Buyer’s guide
    • Buy a Motorcycle
    • First Rides & Reviews
    • Specs, Prices & Others
  • Lifestyle
    • Concepts & Custom
    • Electric Motorcycles
    • Events
    • Motorsport
    • Tips & Stories
    • Travel
  • Locals
  • Facebook

  • Instagram

  • X (Twitter)

  • YouTube

  • LinkedIn

  • RSS

Lifestyle

Honda Motorcycles Lost Over 5 Million Sales in 2020, Sharpest Decline in 75 Years!

Honda Motorcycles Lost Over 5 Million Sales in 2020, Sharpest Decline in 75 Years!
Sathurshan
March 3, 2021

According to the latest reports, Honda Motorcycles saw the sharpest decline in sales last year, 2020. Here are the details!

Honda started its motorcycle business over 70 years ago in 1949.  Just 15 years later, by 1964 Honda grew up to be one of the word’s largest motorcycle company in the world.


As of 2021, with over 400 million sales and having over 30 active production facilities in 22 different countries, without a doubt Honda is one of the dominating players in the motorcycle industry.

Taking a look at Honda’s recent achievements, in 2018 Honda hit a milestone by reaching over 20 million motorcycle sales (including moped, scooter, motorcycles, ATVs and RUV).  In fact, this achievement still stands as the brand’s all-time sales record until today.

In 2019, the annual sales declined slightly compared to 2018, however, Honda still managed to get over 20 million sales achieving close to one-third of the global market share.

2020 Honda Motorcycle Sales

Sadly, 2020 wasn’t all smooth sailing for even the biggest players in the field because of the COVID-19 pandemic.  McD (MotorCycle Data) reports that the Japanese icon saw the sharpest decline in sales last year. In fact, this was the worse in Honda’s past 50 years journey. Ending 2020 with just 13.5 million sales, the annual sales were down a massive 24.4 % or 5 million vehicles.

Looking at the figures in detail, sales declined in East Europe by 8.7 % and 10% in part Pacific. In the case of the ASEAN region, last year the sales dropped drastically. McD reports Honda lost close to 28.8% of sales with nearly 2.8 million lost sales. Reports suggest it was mainly because of the collapse of the industry in Indonesia and the Philippines. As for India, the sales fell by 23.9% meanwhile Pakistan lost only a single digit 3%. However, other neighbouring countries like Sri Lanka and Bangladesh saw a decline in sales in double digits as well. Besides Honda, other manufacturers also suffered sluggish sales in these regions mainly because of the pandemic hitting the entire industry.

Earlier reports suggested the case was different for China. Thanks to electric motorcycles, the region saw moderately positive motorcycle sales. However, the non-electric motorcycle manufacturer, Honda lost close to 21.3% of sales. McD suggests it is because of the rapid market change, the demand for electric motorcycles and the new players in the electric scooter market.

Source: McD

Related Items2020 Honda Motorcycle SalesfeaturedHondaHonda Global Sales 2020Honda Motorcycle Saleshonda motorcyclesHonda Sales
To read the full story
login with google
login with facebook
or
Create an account for free
This won't cost you.
by clicking this button you agree to iMotorbike's visitor agreement
Already have an account? Sign in here
Click here to get notified on every new article
Lifestyle
March 3, 2021
Sathurshan

A Mechanical Engineer with an addiction to the smell of petrol and loves anything automotive.

Related Items2020 Honda Motorcycle SalesfeaturedHondaHonda Global Sales 2020Honda Motorcycle Saleshonda motorcyclesHonda Sales

More in Lifestyle

6 Best Motorcycle Chain Lube in Malaysia 

Hazique ZairillJuly 10, 2025
Read More

Honda HRC Confident Ahead of Donington WorldSBK

Michelle LiewJuly 9, 2025
Read More

Ducati Targets Sachsenring Glory in Round 11

Michelle LiewJuly 9, 2025
Read More

Yamaha Fuels Bungaraya 7s SEA Games Campaign with RM200,000 Sponsorship

Hazique ZairillJuly 9, 2025
Read More

Luca Ottaviani joins Petronas Mie Racing for Donnington WorldSSP Round

Hazique ZairillJuly 9, 2025
Read More

Marini Returns as Honda HRC Tackles Sachsenring

Michelle LiewJuly 8, 2025
Read More

Sachsenring 2025: Can Marc Marquez Be Stopped?

Michelle LiewJuly 7, 2025
Read More

Cairoli Shines in Ducati Desmo450 MX RedBud Debut

Michelle LiewJuly 7, 2025
Read More

Italjet Gresini Moto2 Set for Sachsenring & Brno

Michelle LiewJuly 7, 2025
Read More

Azroy Hakim Anuar Triumphs in Thrilling Round 2 MSBK

Hazique ZairillJuly 7, 2025
Read More

Suzuki Launches 2025 GSX-8T and GSX-8TT, Expanding Its Parallel-Twin Lineup

Hazique ZairillJuly 7, 2025
Read More

Yamaha Racing Team Complete Productive Suzuka 8 Hours Test

Hazique ZairillJuly 7, 2025
Read More
We want to buy your bike Join us on Telegram
Scroll for more
Tap

Join us on Facebook

  • Popular

  • Latest

  • Comments

  • Motorcycle Loan Calculator & Motorcycle Rates Malaysia
    Buyer's guideJuly 1, 2025
  • Indian Motorcycle Officially Launched in Malaysia
    Buyer's guideJune 23, 2025
  • Hanway Heritage 400 Review: A Budget Bobber That Turns Heads
    Buyer's guideJune 30, 2025
  • 6 Best Cruiser Motorcycles in Malaysia You Can Get Your Hands On
    Buyer's guideJune 19, 2025
  • YADEA GT20 Debuts in Malaysia: Price Starts at RM4,998
    Buyer's guideJune 18, 2025
  • Yamaha Y15ZR V2 Review: Still the People’s Moped After All These Years
    Buyer's guideJune 13, 2025
  • Kawasaki Corleo: The Four-Legged Ride of the Future
    NewsJune 25, 2025
  • Honda Celebrates Historic 500 Millionth Motorcycle Milestone
    NewsJuly 10, 2025
  • BMW F 450 GS to Launch in 2025 as Lightweight Adventure Bike
    NewsJuly 10, 2025
  • Malaysian Rides Vintage Vespa 5,321km to China Border
    NewsJuly 10, 2025
  • Free Oil Changes & Helmets at PMR Terengganu 2025
    NewsJuly 10, 2025
  • MotoGP Champion Jorge Martin Returns for Brno 
    NewsJuly 10, 2025
  • 6 Best Motorcycle Chain Lube in Malaysia 
    Buyer's guideJuly 10, 2025
  • Book Now, Pay Less! RM150 Booking Fee for Any Bike!
    Buyer's guideJuly 10, 2025
  • MV Agusta Lucky Explorer Project 9.5: testing the Schiranna prototype - news.iNthacity: More Top Breaking News and Popular Stories To Stay Informed says:

    […] Michelle Liew […]

  • CFMOTO 450SR to enter Malaysia in March 2023 at RM29,300 - news.iNthacity: More Top Breaking News and Popular Stories To Stay Informed says:

    […] Michelle Liew […]

  • Suzuki V-Strom now available in Malaysia at RM81,900 - news.iNthacity: More Top Breaking News and Popular Stories To Stay Informed says:

    […] Michelle Liew […]

  • Colin says:

    I hope they make the Dax street legal. Love to…

  • Mohd Razi bin Rosli says:

    Adv 150cc

  • Nena Maxberry says:

    Just curious what they would retail for

  • Adam Kenny says:

    RM4159 for the front fork is it?

Categories

  • Buyer's guide
    • First Rides & Reviews
    • Specs, Prices & Others
  • cafe racer malaysia murah
  • Campaign
  • CSR Programme
  • Electric Motorcycles
  • Electric Motorcycles
  • Industry
  • Industry
  • Kedai Motor
  • Lifestyle
    • Concepts & Custom
    • Electric Motorcycles
    • Events
      • EICMa
    • Helmet
    • Motorsport
      • ARRC
      • CubPrix
      • Moto3
      • Motocross
      • MSBK
      • WSBK
    • Tips & Stories
    • Travel
  • Moto2
  • Motor Murah
  • News
    • Locals
    • MotoGP
    • Scoop
  • Review
  • Scoop
  • Scoop
  • Tips & Tricks

Corporate

About Us
Terms of Use
Privacy Policy
Disclosure Policy
Contact Us
SUBSCRIBE NOW!

2024 iMotorbike World Sdn. Bhd.(1205246-M). All rights reserved.

Yamaha Y15ZR vs Yamaha Exciter 155 VVA
Eric Granado bounces back to dominate Jerez MotoE Test on Day 2
Nak Jual Beli Motor 😊 ?
WhatsApp
Hi iMotorbike 😊
Open chat