Tuesday, June 7, 2011

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

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’s American sales arm, , reportes on Tuesday that the automakersold 98,344 vehicles nationwided in May. A year ago, demand for fuel-efficieng vehicles had sent Honda to a record month of salesxat 167,997 vehicles. That represents a drop of 41 percentr from ayear ago, when prices at the pump were highet and the automobile industry hadn’t yet hit crisisd mode. Columbus Business First reports monthly sales unadjusteed for the differences in the number of sellinyg days yearto year. Honda’s sales in May, taking into accounyt one fewer selling daylast month, fell 39 percent.
Leadingf the decline in monthly sales for May wasthe company’s flagship which saw a 42 percent drop in sales at 88,875 Its luxury Acura divisio saw sales fall 36 percent to 9,46o9 vehicles. Honda sales in the first five monthx of the year fell 34 percentto 430,358 compared with 655,819 a year ago. That accountsx for a 34 percent drop in Honda salesat 387,556y vehicles and a 35 percent declinew in Acura sales at Marysville-based employs more than 12,000o workers at assembly and engine plants in and arouns Central Ohio, where they produce Honda Civics, CR-Vs, Elements and Acura TLs and

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