Monday, July 23, 2012

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

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’s American sales arm, , reported on Tuesdaty that the automakersold 98,344 vehicles nationwide in May. A year ago, demand for fuel-efficient vehicles had sent Honda to a record mont h of salesat 167,997 vehicles. That representsd a drop of 41 percent from ayear ago, when pricesa at the pump were higher and the automobile industr y hadn’t yet hit crisis mode. Columbus Businessd First reports monthly sales unadjusted for the differences in the number of selling days yearto Honda’s sales in May, taking into account one fewer sellingg day last month, fell 39 percent.
Leadingh the decline in monthlyt sales for May wasthe company’s flagship which saw a 42 percent drop in sales at 88,87 vehicles. Its luxury Acura division saw sale s fall 36 percentto 9,469 vehicles. Hondaa sales in the first five months of the year fell 34 percenfto 430,358 vehicles, compared with 655,819 a year ago. That accountss for a 34 percent drop in Honda saleseat 387,556 vehicles and a 35 percent decline in Acurw sales at 42,802. Marysville-baseed employs more than 12,000 worker s at assembly and engine plants in and around Central Ohio, where they produce Hondq Accords, Civics, CR-Vs, Elements and Acurs TLs and RDXs.

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