Jump to content
Sign in to follow this  
William Maley

May 2016: American Honda Motor Co.

Recommended Posts

American Honda Reports May Sales Results

 

Jun 1, 2016 - TORRANCE, Calif.

 

With two fewer selling days this May versus a year ago, American Honda Motor Co., Inc. today reported May sales of 147,108 units, a year-over-year decline of 4.8 percent. However, year-to-date American Honda sales of 653,640 units are up 5.7 percent versus year-ago results as the company remains on track for a second straight year of record-setting sales.

 

Honda

With balanced demand for Honda cars and light trucks, the Honda brand maintained its lead over last year's all-time record results. Year-to-date Honda brand sales are up 7.1 percent over 2015 results to 585,998 Honda cars and light trucks. May sales were down 2.9 percent to 133,547 units following a five-month stretch of year-over-year gains dating back to December 2015.

  • The 10th-generation Civic continues to lead the compact segment with its seventh straight month of year-over-year sales gains, up 2.7 percent to 35,396 in May.

  • HR-V posted particularly strong May sales of 7,392 units, a 15.8 percent gain over last year as consumer awareness and supplies of the popular subcompact crossover continue to strengthen.

  • On a daily selling rate basis, Honda saw positive results, with total sales up 5.2 percent and positive gains for Civic, up 11.2 percent; Accord up 6.9 percent; HR-V, up 25.5 percent; Odyssey, up 3.1 percent; and Pilot, up 3.6 percent.

"We continue to see solid demand for Honda cars and light trucks, and all indicators point to a strong summer selling season for Honda," said Jeff Conrad, senior vice president and general manager of the Honda Division. "With our balanced lineup and an all-new Ridgeline pickup and restyled and reengineered 2017 Accord Hybrid launching this summer, we remain bullish on our prospects for a third consecutive yearly sales record for the Honda brand."

 

Acura

Coming off a successful sell-down of the outgoing 2016 RDX SUV and facing regional shortfalls in inventories of the MDX seven-passenger SUV, Acura posted a 20.4 percent decline in May results on sales of 13,561 Acura cars and SUVs.

 

"Inventory issues and a challenging market for luxury sedan sales took the wind out of our sails in May, but with the excitement of the NSX now coming to market and the restyled and significantly refreshed 2017 MDX arriving later this month we look to continue our growth this summer," said Jon Ikeda, vice president and general manager of the Acura division.

 

post-10485-0-98789100-1464798602_thumb.j

Share this post


Link to post
Share on other sites

Interesting to see some major sales declines here across the board and especially on the Hybrid front.

Share this post


Link to post
Share on other sites

Your content will need to be approved by a moderator

Guest
You are commenting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoticons maximum are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  



  • Today's Birthdays

    1. blue-bowtie
      blue-bowtie
      Age: 39
  • Similar Content

    • By William Maley
      Tesla's production hell seems to be only getting worse than better. Various issues at their Freemont plant has caused the automaker to push back their goal of producing 5,000 Model 3s from late last year to June of this year. This, in turn, has caused some holders of Model 3 reservations to have their order pushed back to 2019.
      “As we work hard to meet demand, we wanted to let you know that your estimated delivery timing has been adjusted to a slightly later window,” Tesla said in an email to customers.
      According to Bloomberg, the new date depends on when the reservation was placed and what model was chosen. Tesla is trying to get the more expensive long-range battery model out first before starting production of the cheaper standard battery model. This has buyers of the latter model worried as they might not get the full $7,500 tax credit. The credit begins to phase out once an automaker has built 200,000, something Tesla expects to hit sometime this year.
      The move has caused some reservation holders to take to various forums and Twitter to complain. Others are deciding to jump ship and buy a Chevrolet Bolt. Reuters reports that Chevrolet dealers in California are seeing a noticeable increase of Tesla shoppers interested in the Bolt.
      “We’re getting the Tesla people who wanted their Model 3. We ask them, ‘What other cars are you interested in?’ They’re mostly Tesla. But they want the car now. They don’t want to wait,” said Yev Kaplinskiy of Stewart Chevrolet.
      Kaplinskiy said they sold 15 Bolts last weekend.
      Chevrolet is taking advantage of the delay by emailing some prospective buyers this week with the message of, “Bolt EV: Now available.”
      Source: Bloomberg, Reuters

      View full article
    • By William Maley
      Tesla's production hell seems to be only getting worse than better. Various issues at their Freemont plant has caused the automaker to push back their goal of producing 5,000 Model 3s from late last year to June of this year. This, in turn, has caused some holders of Model 3 reservations to have their order pushed back to 2019.
      “As we work hard to meet demand, we wanted to let you know that your estimated delivery timing has been adjusted to a slightly later window,” Tesla said in an email to customers.
      According to Bloomberg, the new date depends on when the reservation was placed and what model was chosen. Tesla is trying to get the more expensive long-range battery model out first before starting production of the cheaper standard battery model. This has buyers of the latter model worried as they might not get the full $7,500 tax credit. The credit begins to phase out once an automaker has built 200,000, something Tesla expects to hit sometime this year.
      The move has caused some reservation holders to take to various forums and Twitter to complain. Others are deciding to jump ship and buy a Chevrolet Bolt. Reuters reports that Chevrolet dealers in California are seeing a noticeable increase of Tesla shoppers interested in the Bolt.
      “We’re getting the Tesla people who wanted their Model 3. We ask them, ‘What other cars are you interested in?’ They’re mostly Tesla. But they want the car now. They don’t want to wait,” said Yev Kaplinskiy of Stewart Chevrolet.
      Kaplinskiy said they sold 15 Bolts last weekend.
      Chevrolet is taking advantage of the delay by emailing some prospective buyers this week with the message of, “Bolt EV: Now available.”
      Source: Bloomberg, Reuters
    • By William Maley
      If you have been following auto sales for the past few years, then you know that SUVs and trucks currently dominate the sales charts partly due to the low gas prices. This is especially true when it comes to the luxury segment, where utility models are eating sedans. But a new report from The New York Times reveals that American automakers are eating the lunches of luxury car manufacturers. 
      According to data from Edmunds, the likes of Ford, Chevrolet, and GMC have seen their share of domestic sales of models with an average price of $60,000 steadily climbing, while luxury brands like Mercedes-Benz, Porsche, and Lexus have been declining. GMC, in particular, has shown the largest growth, accounting 11.3 percent of domestic sales of $60,000-plus models in 2017. Five years ago, the brand only made up 0.1 percent of those sales. A lot of this credit can be laid at the feet of GMC's Denali brands. At a recent investor conference, GM showed data that the Denali line had an average sale price of $56,000 - more than the average price of an Audi, BMW, or Mercedes-Benz.
      “This thing is a money machine,” said GM's president Dan Ammann about Denali.
      Over at Ford, more than half of F-150 sales are made up by the Lariat, King Ranch, Raptor models. Only a few years ago, those models made up a third.
      Why are American automakers seeing a massive increase in expensive SUVs and trucks? Part of it comes down to price, but there is also the image.
      “We’ve been taking in Lexuses on trade-ins, BMWs," said Gary Gilchrist, owner of a GMC dealer in Tacoma, Washington.
      “People used to want German cars for the image factor. Now, if you have a Denali, you get that. People turn their heads to look.”
      Source: New York Times

      View full article
    • By William Maley
      If you have been following auto sales for the past few years, then you know that SUVs and trucks currently dominate the sales charts partly due to the low gas prices. This is especially true when it comes to the luxury segment, where utility models are eating sedans. But a new report from The New York Times reveals that American automakers are eating the lunches of luxury car manufacturers. 
      According to data from Edmunds, the likes of Ford, Chevrolet, and GMC have seen their share of domestic sales of models with an average price of $60,000 steadily climbing, while luxury brands like Mercedes-Benz, Porsche, and Lexus have been declining. GMC, in particular, has shown the largest growth, accounting 11.3 percent of domestic sales of $60,000-plus models in 2017. Five years ago, the brand only made up 0.1 percent of those sales. A lot of this credit can be laid at the feet of GMC's Denali brands. At a recent investor conference, GM showed data that the Denali line had an average sale price of $56,000 - more than the average price of an Audi, BMW, or Mercedes-Benz.
      “This thing is a money machine,” said GM's president Dan Ammann about Denali.
      Over at Ford, more than half of F-150 sales are made up by the Lariat, King Ranch, Raptor models. Only a few years ago, those models made up a third.
      Why are American automakers seeing a massive increase in expensive SUVs and trucks? Part of it comes down to price, but there is also the image.
      “We’ve been taking in Lexuses on trade-ins, BMWs," said Gary Gilchrist, owner of a GMC dealer in Tacoma, Washington.
      “People used to want German cars for the image factor. Now, if you have a Denali, you get that. People turn their heads to look.”
      Source: New York Times
    • By William Maley
      American Honda Reports January Sales Results
      Feb 1, 2018 - TORRANCE, Calif.
      Honda Pilot notches 5th straight monthly gain with 62% jump in January Honda HR-V hits new January record as sales climb 10% for the month Honda Civic rises 2.8% on heels of all-time annual record TLX and RLX lead Acura cars to 9.3 percent gain in January, bucking industry trend American Honda Motor Co., Inc. (AHM) today reported January sales of 104,542 Honda and Acura vehicles, a decrease of 1.7 percent versus January 2017. Honda Division sales were down 1.6 percent on sales of 95,634, with Honda cars narrowly down 1.3 percent on sales of 45,224, and inventory constraints leading trucks to slip 1.8 percent on sales of 50,410 units. Total Acura Division sales declined slightly in January, recording a 3.2 percent drop on sales of 8,908 units. However, passenger car sales gained 9.3 percent on sales of 2,979 vehicles.
      Honda
      Following a record year for Honda trucks, Pilot continued to show its true market strength as improved supplies helped it to a 61.8 percent increase, with HR-V recording a double-digit gain. Civic enjoyed a notable gain for the month, while overall car sales lagged a bit behind January 2017.
      Pilot sales jumped 61.8 percent on sales of 11,619 in January, its 5th straight monthly increase. HR-V set a new January record, gaining a robust 10 percent on sales of 6,259 for the month, continuing as one of the segment's hottest selling vehicles. Civic sales were up 2.8 percent in January, while all-new Accord begins to gain momentum with the just-launched national marketing campaign. "With a strong and fresh product line-up, we're confident in the fundamental competitiveness of our products in their segments," said Henio Arcangeli, Jr., senior vice president of the Automobile Division & general manager of Honda Sales.
      Acura
      After a strong December — its best month of 2017 — Acura Division sales were relatively flat in January.  However, Acura cars bucked the downward trend for luxury sedan sales with a gain of 9.3% for the month. 
      Led by TLX and bolstered by the recently refreshed RLX, Acura car sales were up 9.3 percent on sales of 2,979. With the TLX A-Spec increasing showroom traffic, sales gained 13.2 percent in January. "Led by the TLX A-Spec, we're pleased to see our efforts with Acura sedans paying off in the face of a challenging market for luxury cars," said Jon Ikeda, vice president & general manager of Acura Sales. "We're looking forward to showing the 2019 RDX Prototype in Chicago next week, as the auto show circuit comes to one of Acura's strongest markets." 

  • My Clubs

  • Who's Online (See full list)

About us

CheersandGears.com - Founded 2001

We  Cars

Get in touch

Follow us

Recent tweets

facebook

×