News - Market Insight - Market Insight 2017Market Insight: Honda’s high hopes for CivicArrival of all-new hatch sees Honda set sail for record 18,000 Civic sales per annum12 May 2017 By TERRY MARTIN - Honda Australia has set itself an ambitious target of 18,000 annual sales for its Civic small car now that the 10th-generation hatch has joined the sedan launched last year – a figure the Japanese brand has never reached in this country and at a time when the segment is in decline, competition is arguably more intense than ever and small crossovers, such as Honda’s own HR-V, are cannibalising sales of automotive brands’ own small passenger cars. - The company is determined to return to its glory days of a decade ago, when in 2007 Honda came close to its latest target with 17,643 sales in the first full year of trading for the eighth-generation Civic, which was a smash-hit for a few years despite the fact that, for the first time, no hatchback version was offered with the switch to UK manufacturing and the high cost of importing the model to Australia. Click here for full story: Market Insight: Honda’s high hopes for Civic Read more11th of May 2017 Driven: Civic hatch to lift Honda’s fortunesHonda focuses on private sales with all-new Civic hatch8th of December 2016 Honda Australia targets 48,000 sales in 2017Civic hatch and new CR-V to drive Honda Australia growth17th of May 2016 Driven: Civic orders herald brighter Honda futureHonda declares a return of its ‘mojo' with up to 350 Civic sedan pre-orders |
Click to shareMarket Insight articlesResearch Market Insight Motor industry news |
Facebook Twitter Instagram