Honda Motor Company was founded in 1946 in Hamamatsu, Japan by Soichiro Honda and is currently the largest motorcycle manufacturer in the world.
It has motorcycles for different riding styles and the most popular models include CBR- its sportbike, its touring mounts which includes Shadow cruiser and its Gold wing line. Honda also manufacturers off road bikes and its CRF motocrossers are the preferred choices for many SX and MX racers.
Its newer bikes like CBR 500 line and Grom 125 have been popular in new and experienced riders due to reinforced African twin looks that was different from the boring adventure look. Apart from motorcycles, Honda also manufacturers ATV’s, SXS and scooters too.
Honda first gained popularity when it came out with Super Cub in 1958 and currently it is popular with its CBR, Gold Wing and CRF models.
Honda has always been famous for two things- Technology and its rich racing history. Honda won its initial Grand Prix with Mike Hailwood and won numerous championships thereafter with famous riders such as Valentino Rossi and Mick Doohan.
Honda is also present globally in more than 160 countries worldwide. It also manufactures automobiles which has the latest IC engines. Honda dirt bikes are classified by its four-stroke motocross machines. Jeremy McGrath also raced with Honda in his early career and was a successful rider while he was with Honda. Honda also has contemporary bikes that are known for user handling and performance. Honda is known for innovation and every year they show their launches in Auto-Expo held at different places.
Revenues: $16.4 Bn
Net Profit: $344 Mn
Number of Units Sold: 17055000
1.Selected parameters like Revenue, Net Profit and Number of units sold.
2.Taken sample of 13 companies and calculated the above parameters.
3.The corresponding weights given are Revenue (50%), Net Profit (30%), Number of units sold (20%).
4.The final score is evaluated to find out the top 10 companies in the bike sector