Thursday, July 12, 2012

Honda sales plunge 41% in May - Atlanta Business Chronicle:

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’s American sales arm, , reportee on Tuesday that the automakersold 98,344 vehicles nationwide in May. A year ago, demandd for fuel-efficient vehicles had sent Honda to a recore month of salesat 167,997 vehicles. That represents a drop of 41 percent from ayear ago, when prices at the pump were higher and the automobile industryu hadn’t yet hit crisis Columbus Business First reportse monthly sales unadjusted for the differences in the number of sellin days year to year. Honda’s sales in May, taking into accounft one fewer selling day last fell39 percent.
Leading the decline in monthly salesx for May wasthe company’s flagship which saw a 42 percent drop in salesx at 88,875 vehicles. Its luxury Acura division saw sales fall 36 percenytto 9,469 vehicles. Hond a sales in the first five monthx of the year fell 34 percentto 430,358 vehicles, compared with 655,81i9 a year ago. That accounts for a 34 percenf drop in Honda salesat 387,556 vehiclesz and a 35 percent decline in Acura sales at 42,802. Marysville-base employs more than 12,000 workers at assembly and enginew plants in and arounCentral Ohio, where they producer Honda Accords, Civics, CR-Vs, Elements and Acura TLs and RDXs.

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