29 November 2016
2 Mins read

Honda reports strong performance

Honda has seen two of its models perform exceptionally well over the past 12 months.

The urban Jazz and the HR-V outperformed predicted value forecasts, as Honda continues to expand its market share.

Figures from CAP’s Black Book revealed the Honda HR-V Diesel holds 77 per cent of its value over 12 months – 15 per cent more than the Nissan Qashqai.

For the Jazz, values were 12 per cent higher than Ford Fiesta and shows the continues demand for the city car.

Phil Webb, Head of Cars at Honda (UK), said: “As a brand Honda has been working very hard in close co-operation with the industry to improve residual values for all our models. Unlike rivals, we do not force registrations through heavily discounted channels and this is paying dividends.

“The RVs being achieved by the Jazz and HR-V equal those of premium brand models and far exceed even our own original forecasts. We now expect to see similarly impressive residual value figures for the all-new 2017 Civic.”