The Honda Vezel is a compact SUV that is popular for its stylish design and excellent fuel efficiency. In this article, we will take a detailed look at the trends in sales and production of the Vezel, and consider the factors behind these trends and future trends.
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What is the Honda Vezel?
The Vezel, whose first model was released in 2013, features a design that combines the strength of an SUV with the sportiness of a coupe. In 2021, it was fully redesigned into the second-generation model, and a model equipped with e:HEV (two-motor hybrid system) was added to the lineup.
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Vezel sales volume
The first-generation Vezel recorded strong sales from the beginning, winning the No. 1 SUV sales ranking in 2014, 2015, 2016, and 2019. The second-generation model, which was released in 2021, has also seen sales increase thanks to the addition of the e:HEV model and a well-received design.
| Date | Sales volume | SUV new car sales ranking |
|---|---|---|
| 2013 | 2,207 units | – |
| 2014 | 96,029 units | No.1 |
| 2015 | 71,021 units | No.1 |
| 2016 | 73,889 units | No.1 |
| 2017 | 64,332 units | No.2 |
| 2018 | 59,629 units | No.2 |
| 2019 | 55,866 units | No.1 |
| 2020 | 32,931 units | No.5 |
| 2021 | 52,669 units | No.4 |
| 2022 | 50,736 units | No.4 |
| 2023 | 59,187 units | No.5 |
Honda Vezel annual sales volume
Reference: Honda
Sales volume in 2023
The Vezel is ranked high in the 2023 registered vehicle sales ranking. The e:HEV model is particularly popular and is driving sales. Furthermore, we can see that sales and production volumes have been increasing since October 2023.
| Date | Gasoline vehicles | Hybrid vehicles | total |
|---|---|---|---|
| January 2023 | 175 units | 2,742 units | 2,917 units |
| February 2023 | 285 units | 4,090 units | 4,375 units |
| March 2023 | 222 units | 5,540 units | 5,762 units |
| April 2023 | 289 units | 2,699 units | 2,988 units |
| May 2023 | 686 units | 2,423 units | 3,190 units |
| June 2023 | 591 units | 3,028 units | 3,619 units |
| July 2023 | 744 units | 3,388 units | 4,132 units |
| August 2023 | 341 units | 3,046 units | 3,387 units |
| September 2023 | 394 units | 5,095 units | 5,489 units |
| October 2023 | 512 units | 6,573 units | 7,085 units |
| November 2023 | 651 units | 8,745 units | 9,396 units |
| December 2023 | 750 units | 6,178 units | 6,928 units |
| total | 5,640 units | 53,547 units | 59,187 units |
Honda Vezel registration numbers Source: Japan Automobile Dealers Association
Sales volume in 2024
Sales volume in the first half of 2024 (January to June) was 44,164 units, ranking first in new SUV sales in the first half of 2024.
| Date | Gasoline vehicles | Hybrid vehicles | total |
|---|---|---|---|
| January 2024 | 847 units | 6,611 units | 7,458 units |
| February 2024 | 590 units | 6,930 units | 7,520 units |
| March 2024 | 538 units | 8,317 units | 8,855 units |
| April 2024 | 471 units | 7,281 units | 7,752 units |
| May 2024 | 296 units | 5,421 units | 5,717 units |
| June 2024 | 398 units | 6,464 units | 6,862 units |
| total | 15,559 units | 19,695 units | 44,164 units |
Honda Vezel registration numbers Source: Japan Automobile Dealers Association
A minor change was announced for April 25, 2024, with a monthly sales target of 5,000 units. In 2024, the company is expected to produce approximately 7,000 units, exceeding the target.
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Vezel production volume
The Vezel is produced at the Suzuka Factory in Japan. Since the launch of the first-generation model, production numbers have been increasing to meet demand both domestically and overseas.
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Factors affecting Vezel sales and production numbers
A variety of factors influence the sales and production numbers of the Vezel.
- Market Trend: As the popularity of SUVs increases, the Vezel is gaining support as a model that fits the trend.
- Competing models: Amid intensifying competition with rival SUVs, the Vezel is seeking to differentiate itself through the superiority and design of its e:HEV model.
- Economic conditions: Changes in the economy and fluctuations in gasoline prices can affect car purchasing decisions.
- Semiconductor Shortage: A global semiconductor shortage could impact auto production and cause delivery delays.
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Future Trends and Outlook
Sales of the Vezel are expected to continue to grow, mainly due to the e:HEV model. Although competition in the SUV market is intensifying, the Vezel will attract users with its wide range of appeal, including its design, fuel efficiency, and advanced safety technology.
In addition, Honda is accelerating its electrification efforts, and the Vezel is expected to have an EV model in the future. The introduction of an electric model could further boost sales of the Vezel.
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A word from the editorial department
In this article, we have explained the sales and production trends of the Honda Vezel, as well as future trends. The Vezel has established a solid position in the SUV market, and its popularity is expected to continue in the future.
I hope this article will be useful to those who are considering purchasing a Vezel or those who are interested in the car market.
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