Honda Motor Co. expects its global sales will rise six
per cent this year to a record 3.76 million vehicles thanks to
booming demand in the U.S., Europe and Asia, the automaker's
president said Wednesday.
The positive outlook is expected to continue into next year,
Takeo Fukui, the president of Japan's No. 2 automaker, told
reporters at a Tokyo hotel.
Honda, which makes the Accord sedan and Civic compact, did not
give an overall global sales forecast for 2008. But it said sales
will grow around the world, including North America, Europe and
China, that will offset declining sales in its home market of Japan
Like Toyota Motor Corp., another Japanese automaker enjoying
solid global growth, Honda has gotten a sales boost from the recent
surge in oil prices that is adding to the appeal of Japanese
offerings reputed for good mileage.
The 2007 sales projection is up from 3.55 million vehicles in