Monday, September 19, 2011

Honda sales plunge 41% in May - Pittsburgh Business Times:

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’s American sales arm, , reported on Tuesdayu that the automakersold 98,344 vehiclezs nationwide in May. A year ago, demandd for fuel-efficient vehicles had sent Honda to a recor d month of salesat 167,997 That represents a drop of 41 percent from a year ago, when pricez at the pump were higher and the automobilse industry hadn’t yet hit crisis mode. Columbus Businesw First reports monthly sales unadjusted for the differencesz in the number of selling days yearto year. Honda’sw sales in May, takinfg into account one fewer sellinhg daylast month, fell 39 percent.
Leading the declinew in monthly sales for May wasthe company’d flagship division, which saw a 42 percent drop in salees at 88,875 vehicles. Its luxurg Acura division saw sales fall 36 percentto 9,469 Honda sales in the first five monthas of the year fell 34 percent to 430,358i vehicles, compared with 655,819 a year ago. That accountse for a 34 percent drop in Honda salewsat 387,556 vehicles and a 35 percent declinwe in Acura sales at 42,802.
Marysville-basedc employs more than 12,000 workers at assembly and engine plantd in and around Central where they produceHonda Accords, CR-Vs, Elements and Acura TLs and

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