Honda Motor Co. plans to double its global auto sales to more than 6 million units in the business year to March 2017, compared with 3.12 million last year, on the back of strong growth in emerging markets, President Takanobu Ito said Friday.
At a news conference at Honda headquarters in Tokyo, Ito said sales in emerging nations will double to more than 3 million units in fiscal 2016, while developed countries will see sales surpass 3 million from 2.06 million in fiscal 2011.
"Achieving the target will depend on the Fit series, which is one of our core products everywhere in the world," Ito said, referring to the lineup of compacts known as the Jazz globally. The company will introduce an all-new Jazz in 2013.