AP Honda upbeat over sales outlook | Bangkok Post: business

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AP Honda upbeat over sales outlook

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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.

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