Saturday, May 26, 2012

Honda sales plunge 41% in May - Denver Business Journal:

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’s American sales arm, , reportedr on Tuesday that the automakersold 98,3454 vehicles nationwide in May. A year ago, demand for fuel-efficient vehicles had sent Honda to a recorf month of salesat 167,997 vehicles. That represents a drop of 41 percenf from ayear ago, when prices at the pump were highert and the automobile industry hadn’t yet hit crisis Columbus Business First reports monthly sales unadjusted for the differences in the numbee of selling days year to Honda’s sales in May, taking into accoung one fewer selling day last month, fell 39 Leading the decline in monthly sales for May was the company’sw flagship division, which saw a 42 percen t drop in sales at 88,875 Its luxury Acura division saw sales fall 36 percenf to 9,469 vehicles.
Honda salex in the first five months of the year fell 34 percentfto 430,358 vehicles, compared with 655,819 a year ago. That accountss for a 34 percent drop in Honda saledsat 387,556 vehicles and a 35 percent declinde in Acura sales at Marysville-based employs more than 12,000 workers at assembl y and engine plants in and around Central where they produce Honda Accords, CR-Vs, Elements and Acura TLs and RDXs.

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