During the first five months of its 2026-2027 fiscal year, from April through August, Honda Vietnam sold 862,105 motorcycles, down 0.2% from the same period of the previous fiscal year.
The company sold 172,299 motorcycles in June, up 4.7% from the same month last year, highlighting steady consumer demand even as the market gradually shifts towards greener transport options. For the first six months of 2026, motorcycle sales reached 515,743 units, up 0.6% year-on-year.
According to the firm, total motorcycle sales reached 169,976 units in May, down 3.9% year-on-year. Meanwhile, automobile sales rose 26% from the same period last year to 1,870 units.
Honda Vietnam on June 13 announced that its retail sales of motorcycles and automobiles in May decreased by 31.5% and 9.6% respectively compared to the previous month due to market difficulties.
Indonesia’s domestic motorcycle sales dropped strongly in October 2020 due to impacts of COVID-19 pandemic, according to the Association of Indonesia Motorcycle Industry (AISI).
The five members of the Vietnam Association of Motorcycle Manufacturers (VAMM) sold 731,077 vehicles in the first quarter of 2020, down 3.03 percent year on year.
Vietnam maintained its position as the world’s 4th largest motorcycle market despite a double-digit drop in June sale, according to motorcyclesdata.com website.
The motorbike market of Vietnam has recorded positive growth in recent years, despite being forecast to enter a saturation period by the Vietnam Association of Motorcycle Manufacturers (VAMM) two years ago.
The Vietnam Association of Motorcycle Manufacturers (VAMM) has reported that in the first quarter of 2018, its five members - Honda Vietnam, Suzuki Vietnam, SYM Vietnam, Piaggio Vietnam and Yamaha Motor Vietnam - sold 803,204 motorbikes of all kinds, up 1.9 percent from the same time last year.
Vietnam’s motorcycle market has seen an increase in its sales for the first time since 2012, reaching 1.4 million vehicles in the first six months of 2016.