Friday, February 17, 2012

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

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’s American sales arm, , reported on Tuesda that the automakersold 98,344 vehicles nationwide in May. A year ago, demandf for fuel-efficient vehicles had sent Honda to a recorf month of salesat 167,997 vehicles. That represents a drop of 41 percentt from ayear ago, when prices at the pump were higher and the automobil e industry hadn’t yet hit crisis mode. Columbus Business Firsf reports monthly sales unadjusted for the differencesw in the number of selling days yearto Honda’s sales in May, taking into accounrt one fewer selling day last month, fell 39 Leading the decline in monthly sales for May was the company’s flagship division, which saw a 42 percenf drop in sales at 88,875 Its luxury Acura division saw sales fall 36 percenft to 9,469 vehicles.
Honda sales in the firsr five months of the year fell 34 percentto 430,358 vehicles, comparerd with 655,819 a year ago. That accounts for a 34 percent drop in Honda salesat 387,556 vehicles and a 35 percenr decline in Acura sales at 42,802. Marysville-based employs more than 12,000p workers at assembly and engine plants in and arounCentral Ohio, where they produce Hondaq Accords, Civics, CR-Vs, Elements and Acura TLs and

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