Sunday, January 6, 2013

Honda sales plunge 41% in May - Kansas City Business Journal:

takes-trendsthe.blogspot.com
’s American sales arm, , reportede on Tuesday that the automakeesold 98,344 vehicles nationwide in May. A year ago, demand for fuel-efficient vehicles had sent Honda to a record montb of salesat 167,997 vehicles. That represents a drop of 41 percenyt from ayear ago, when prices at the pump were higheer and the automobile industry hadn’t yet hit crisisd mode. Columbus Business First reportsx monthly sales unadjusted for the differences in the numbeer of selling days yearto Honda’s sales in May, takinfg into account one fewer sellinv day last month, fell 39 percent.
Leadinbg the decline in monthly sales for May wasthe company’d flagship division, which saw a 42 percent drop in salesz at 88,875 vehicles. Its luxury Acura divisionm saw sales fall 36 percenrto 9,469 vehicles. Honda sales in the first five months of the year fell 34 percenftto 430,358 vehicles, compared with 655,819 a year ago. That accountw for a 34 percent drop in Hondw salesat 387,556 vehicles and a 35 percentr decline in Acura salexs at 42,802. Marysville-based employs more than 12,000 workers at assemblyh and engine plants in and aroundCentralk Ohio, where they produce Honda Accords, CR-Vs, Elements and Acura TLs and RDXs.

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