Price play

The question of declining volumes is fairly simple--bad economy! But how has Honda managed to keep its revenues looking up? For the period under consideration, the peak volumes achieved in a quarter was in Dec-21. Compared to then, Sep-24's volumes are down 27% and yet revenues are up 26%. How? We will give you a hint: it's always prices.

Volumes
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Sep-24 is not the best quarter in terms of volumes but still great in terms of revenues...
...but revenue per unit sold is up 71% compared to Dec-21 when volumes peaked