Thursday, June 23, 2011

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

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’s American sales arm, , reported on Tuesdag that the automakersold 98,344 vehicles nationwide in May. A year ago, demandd for fuel-efficient vehicles had sent Hond to a record month of salesat 167,9977 vehicles. That represents a drop of 41 percent from ayear ago, when pricesz at the pump were higher and the automobile industry hadn’t yet hit crisid mode. Columbus Business First reports monthlu sales unadjusted for the differences in the numbet of selling days yearto year. Honda’s salesd in May, taking into account one fewer selling day last fell39 percent.
Leadin the decline in monthly sales for May wasthe company’sd flagship division, which saw a 42 percenty drop in sales at 88,875 Its luxury Acura division saw sales fall 36 percentg to 9,469 vehicles. Honda sales in the first five months of the year fell 34 percengto 430,358 vehicles, compared with 655,819 a year ago. That accounts for a 34 percent drop in Hond a salesat 387,556 vehicles and a 35 percent declins in Acura sales at 42,802.
Marysville-basede employs more than 12,000 workersz at assembly and enginr plants in and arouncdCentral Ohio, where they produce Hond Accords, Civics, CR-Vs, Elements and Acura TLs and

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