AP Honda, a Japanese motorcycle maker, remains upbeat about its sales prospects this year despite total industry motorcycle sales shrinking in light of weakening domestic consumption and lower economic growth.
Suchart Arunsaengroj, the director of AP Honda Co, said its sales growth forecast remains at 6.04% to 1.58 million units this year, up from 1.49 million in 2012. Over the first seven months, Honda posted sales of 941,492 units, a rise of 5.87% from the same period last year.
"We remain optimistic that higher wages will help to drive our motorcycle sales," he said.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.