August 2009 Sales: Honda Motor Co.

[siegen]

09/01/2009 - TORRANCE, Calif. -

American Honda Motor Co., Inc., today announced record August sales of 161,439, up 14.2 percent on a daily-selling-rate(1) basis and setting a new record for the month. American Honda year-to-date sales remain down 24.8 percent to 806,907.

"Honda's August sales speak to the attributes customers were looking for under CARS and will continue to look for as the economic recovery takes shape," said John Mendel, executive vice president of American Honda. "The challenge will be maintaining this momentum going forward."

Honda Division sales of 151,814 set a new August record, up 19.6 percent, driven by car sales that increased 33.2 percent to 100,895. Two Honda vehicles posted all-time record months: the fuel-efficient Fit with sales of 13,593, up 194.1 percent, and the CR-V with sales of 30,284, up 58.3 percent. Civic posted record August sales, up 49.6 percent to 43,294. Civic, Accord and Fit were among the top 10 new vehicles purchased under the CARS program. Honda Division light-truck sales of 50,919 reflect a decrease of 0.4 percent. Honda Division year-to-date sales are down 23.9 percent to 737,538.

Acura Division reported sales of 9,625. Sales of the TSX sports sedan increased 7.1 percent for August to 2,925.

(1) All percentages in this release reflect the daily selling rate as calculated with 26 days for August 2009, versus 27 for 2008. Year to date, the daily selling rate is calculated with 204 days for 2009, versus 206 for 2008.

Press Release

Edited September 1, 2009 by siegen

[A Horse With No Name]

This explains why there are 150++ CARS cars out behind my nearest Honda dealer, and why all my friends who work for Honda have been working OT for the last month or so...

[A Horse With No Name]

...and given the horrible styling of the Acura lineup its no wonder they are down 2000 units and 30+ percent.

Maybe we'll get lucky and Acura will go the way of Pontiac, Packard, and Peerless.

Chris

[siegen]

...and given the horrible styling of the Acura lineup its no wonder they are down 2000 units and 30+ percent.

Maybe we'll get lucky and Acura will go the way of Pontiac, Packard, and Peerless.

Chris

This is a bad spell for Acura and I hope they put it behind them soon. Rumors have it they're going to be putting the focus on fuel efficiency, and may be bringing back a Civic-based RSX. Just rumors of course, but I wouldn't be surprised if they were true.