Deciding to restructure its production and sales operations, Honda announced that it will not send new vehicles to dealers in Russia by 2022. Sales of motorcycles and power products will continue.
The coronavirus epidemic, which affected the whole world, negatively affected the automotive industry, like many other industries. In this context, some manufacturers, who entered the restructuring process, started to focus on the markets where they are stronger.
One of the brands that made a decision in this direction was the Japanese manufacturer Honda. Announcing that it will withdraw from the Russian market, Honda announced that by 2022, new vehicles will not be sent to dealers in the country. It was stated that the company will continue its presence in Russia with the sale of motorcycles and power products, and will continue its activities for after-sales services.
This decision of Honda, which is only present in the passenger car market in Russia with CR-V and Pilot models, did not come as a surprise. According to Reuters, the company was able to sell only 79 cars in Russia last month. Its sales in the January-November period decreased by 15 percent to 1383 units. Unlike other Japanese manufacturers Toyota and Nissan, Honda does not have any production activity in Russia.