Honda targets 80.000 units in 2023 and 4 new models
Kuala Lumpur, 20 March 2023 – Honda Malaysia gears up to make 2023 an exciting year for the market with a plan to launch 3 new models and 1 facelift model. With its strategic business direction for 2023, Honda Malaysia has set a sales target of 80,000 units with 12.3% market share.
One of the models that will be on Malaysian roads soon is Honda’s first Small Sport Utility Vehicle (SUV), which is slated to be launched in the third quarter of 2023. Upon its arrival, Honda Malaysia will become the first Japanese mass market manufacturer to enter the Small SUV segment. With a comprehensive package of vibrant and bold design, advanced technology, practicality, and comfort, the Small SUV is the perfect companion for young professionals and families who enjoy travel and outdoor activities.
“2023 marks a great milestone for us as Honda celebrates its 75th anniversary. Continuing the Challenging Spirit that is ingrained in us since the Company’s founding, Honda Malaysia strives to accelerate our momentum this year through new model launches and marketing activities. To further strengthen the core identity and brand presence in the industry, we focus on leveraging three key pillars for our models, which are Advanced Technology, Premium Offerings and Sporty Appeal. The combination of these three key pillars will make the upcoming Honda models even more unique in the market and elevate their status in their respective segments,” Sarly Adle Sarkum, president & COO.
“Electrification is the global trend and future of mobility for the automotive industry. As such, Honda is also stepping up its electric vehicle (EV) development efforts progressively. Honda believes that the hybrid technology is the right approach at this point of time, particularly in Malaysia. We want to ensure Malaysians’ needs are being fulfilled with the most practical and relevant technologies before fully adopting EVs,” he added.
In line with efforts to improve customer experience, Honda Malaysia will introduce 2S (Service and Spare Parts) Pit Stop and promote its after-sales activities to fulfil the rising demand from current and potential customers.
Honda CONNECT system enhancement includes Safety, Security and Convenience features. Honda Malaysia will introduce Honda CONNECT in other models in addition to the City RS, City Hatchback RS, Civic RS, Civic e:HEV RS and HR-V e:HEV RS to enable more customers to enjoy a variety of functions available on the system.
In addition, the HondaTouch platform will be upgraded to enhance the seamless experience for Honda customers by making it more convenient and accessible. This is part of Honda Malaysia’s effort to step up Honda customers’ digital journey and encourage more sustainable practices.
Fuelled by the “Challenging Spirit”, a total of 80,290 units were sold last year which was a 51% increase from the total sales in 2021. The total sales represented 11.1% of the Total Industry Volume (TIV) in 2022. The Company also retained its No.1 position in the Non-National Passenger Vehicle Segment for the ninth consecutive year.