Honda Boasts It Will Double Global Sales In Only 5 Years

Honda is aiming to double its global auto sales to more than 6 million vehicles over the next five years as the Japanese automaker gears up for ambitious growth after bouncing back from last year's disasters.

"We have now reached the stage of going on the offensive," Honda Motor Co. President Takanobu Ito told reporters Friday, as he announced his worldwide target for the fiscal year ending March 2017. The automaker sold 3.1 million vehicles for the fiscal year through March 2012.

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CarCrazedinCali - 9/21/2012 7:55:27 PM

-1 Boost

sorry Honda, you have no credibility any longer... Good luck with your lame vehicles

nguyenvuminh - 9/22/2012 7:58:10 AM

+5 Boost

How dare Honda release such a statement before checking with 009 for his approval. Didn't Honda know that Hyundai is going to dominate them and Toyota?!?$@$? I can't wait for 2014 to roll around to see 2013 sales result.

Airliner - 9/22/2012 7:48:31 PM

-3 Boost

Um, double their Sales?? With what? Unless, they have a massive turnaround, they are destined to keep losing market share to Hyundai, Kia and even Nissan.

Airliner - 9/23/2012 7:12:14 PM

0 Boost

Ouch, perhaps I did miss Honda's Sales Results. I must not know what I speak of!! These folks plan on doubling their numbers... where are they gaining this market share from marykeana? Are they planning on somebody's demise?? Are they making up lost market share? Um, yes... Its either that or they're expecting crazy overnight growth. And with what? Haven't YOU been reading the car magazine and this website's articles? Honda produces fine automobiles, no dispute there... But they are strong in the Yawn department in an era when Yesteryear's turds are today's hot sellers!