Honda Cars Philippines Inc. (HCPI) had a good sales run last year as it registered 16,645 units sold, according to the joint report of the Chamber of Automotive Manufacturers (CAMPI) and Truck Manufacturers Association (TMA).
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The number of units sold by Honda Cars Philippines translates to a 20 percent increase compared to its sales performance in 2022. The model that led the charge for HCPI is the Honda BR-V, a seven-seater MPV introduced in the local market last November 2022.
HCPI shared that the BR-V posted over 6,800 units sold in 2023, making it the best-selling Honda vehicle in the Philippines last year. In fact, the Honda BR-V breached the 5,000 units sales milestone in the Philippines in July 2023, a testament to the MPV’s appeal in the market.
The Honda BR-V is available in four variants with a starting price of Php 1,090,000 for the entry-level trim that comes with a manual transmission. The top-spec BR-V, on the other hand, retails at Php 1,390,000. Of note, the top-spec BR-V is equipped with Honda Sensing advanced driver assistance system.
Under the hood, all Honda BR-V variants in the Philippines are powered by a 1.5-liter DOHC i-VTEC gasoline engine that delivers 119 horsepower and 145 Nm of torque. The engine is connected to either a six-speed manual or a continuously variable transmission (CVT).
The second best-selling Honda vehicle in the country last year was the refreshed City Sedan, which yielded over 3,400 units sold. The updated Honda City Sedan debuted in the Philippines last July 2023, and all of its four variant options come with Honda Sensing tech. Pricing for this Honda subcompact sedan starts at Php 973,000 while the top-spec trim is priced at Php 1,128,000.
The third best-selling Honda in the country last 2023 is the facelifted Brio, which registered over 2,500 units sold. The facelifted Honda Brio debuted in the local market alongside the refreshed City Sedan. The Brio is available in four variants with a starting price of Php 735,000.
Aside from the top three best-selling Honda vehicles, HCPI also shared that it has managed to roll out over 700 units of the all-new CR-V, a model that was launched in the local market in September 2023. It is available in three variants: V Turbo CVT (Php 2,100,000), VX Turbo CVT AWD (Php 2,280,000), and RS e:HEV E-CVT (Php 2,590,000).
Interestingly, the top-spec all-new Honda CR-V e:HEV hybrid accounted for 262 units sold, which is around 37 percent of the next-generation CR-V sales in 2023.
The 2024 Honda CR-V e:HEV uses a 2.0-liter VTEC gasoline engine paired with a dual motor and lithium-ion battery. The gasoline engine can put out 146 horsepower and 183 Nm of torque. The dual motors or the hybrid powertrain meanwhile, add 181 horsepower and 335 Nm of torque to its output. Honda claimed that the CR-V hybrid could generate a combined power output of 204 hp.
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